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% |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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