A Preview Of RumbleON's Earnings

RumbleON RMBL is set to give its latest quarterly earnings report on Tuesday, 2024-11-12. Here's what investors need to know before the announcement.

Analysts estimate that RumbleON will report an earnings per share (EPS) of $-0.16.

The announcement from RumbleON is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings Track Record

In the previous earnings release, the company beat EPS by $0.07, leading to a 3.09% increase in the share price the following trading session.

Here's a look at RumbleON's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.09 -0.33 -0.51 -0.51
EPS Actual -0.02 -0.29 -7.81 -0.71
Price Change % 3.0% 13.0% 6.0% 0.0%

eps graph

RumbleON Share Price Analysis

Shares of RumbleON were trading at $5.73 as of November 07. Over the last 52-week period, shares are down 2.22%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for RumbleON visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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