RumbleOn Inc reports results for the quarter ended December 31 - Earnings Summary

• RumbleOn Inc RMBL.OQ reported a quarterly adjusted loss of $1.58​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-7.81. The mean expectation of three analysts for the quarter was for a loss of 31 cents per share. Wall Street expected results to range from -51 cents to -17 cents per share.

• Revenue fell 13.3% to $269.60 million from a year ago; analysts expected $278.43 million.

• RumbleOn Inc's reported EPS for the quarter was a loss of $1.58​.

• The company reported a quarterly loss of $56.4 million.

• RumbleOn Inc shares had fallen by 30.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 5.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the auto vehicles, parts & service retailers peer group is also "buy"

Wall Street's median 12-month price target for RumbleOn Inc is $5.50

This summary was machine generated from LSEG data March 11 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)