Earnings Outlook For RumbleON

RumbleON RMBL releases its next round of earnings this Friday, August 14. Here's Benzinga's essential guide to RumbleON's Q2 earnings report.

Earnings and Revenue

Wall Street analysts see RumbleON reporting a quarterly loss of $4.56 per share on sales of $107.35 million. RumbleON's loss in the same period a year ago was $0.51 per share. Quarterly sales came in at $270.18 million. If the company were to report in-line earnings when it publishes results Friday, earnings would be down 794.12%. Revenue would have fallen 60.27% from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Stock Performance

Over the last 52-week period, shares are down 72.4%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. RumbleON is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.rumbleon.com%2Fabout-us%2Finvestors%2Fevents-and-presentations%2Fdefault.aspx&eventid=2523993&sessionid=1&key=D0FEA5851FC241A549BE3C2F649A8658&regTag=&sourcepage=register