RumbleON, Inc. (RMBL) Expected to Announce Earnings of -$0.24 Per Share
Brokerages predict that RumbleON, Inc. (NYSE:RMBL) will report earnings per share (EPS) of ($0.24) for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for RumbleON’s earnings. The lowest EPS estimate is ($0.30) and the highest is ($0.18). RumbleON posted earnings of ($0.28) per share during the same quarter last year, which indicates a positive year-over-year growth rate of 14.3%. The company is expected to issue its next quarterly earnings results on Monday, April 29th.
On average, analysts expect that RumbleON will report full-year earnings of ($0.64) per share for the current year, with EPS estimates ranging from ($0.86) to ($0.42). For the next year, analysts anticipate that the business will report earnings of $0.00 per share, with EPS estimates ranging from ($0.07) to $0.07. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that follow RumbleON.
Separately, B. Riley reiterated a “buy” rating on shares of RumbleON in a report on Friday, March 15th.
RumbleON, Inc, a development stage company, provides an e-commerce platform that facilitates consumers and dealers to buy, sell, trade, and finance pre-owned recreation vehicles. It primarily focuses on pre-owned Harley Davidson motorcycles and other powersports. The company also sells branded and other merchandise and accessories; and provides third-party financing.
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