RumbleON Inc (RMBL, Financial) is set to release its Q3 2024 earnings on Nov 12, 2024. The consensus estimate for Q3 2024 revenue is $301.43 million, and the earnings are expected to come in at -$0.17 per share. The full year 2024's revenue is expected to be $1.23 billion and the earnings are expected to be -$0.72 per share. More detailed estimate data can be found on the Forecast page.
RumbleON Inc (RMBL, Financial) Estimates Trends
Over the past 90 days, revenue estimates for RumbleON Inc (RMBL) for the full year 2024 have declined from $1.26 billion to $1.23 billion, and for 2025, estimates have decreased from $1.36 billion to $1.33 billion. Earnings estimates have remained steady at -$0.72 per share for the full year 2024 and at -$0.02 per share for 2025.
RumbleON Inc (RMBL, Financial) Reported History
In the previous quarter of 2024-06-30, RumbleON Inc's (RMBL) actual revenue was $336.8 million, which missed analysts' revenue expectations of $383.85 million by -12.26%. RumbleON Inc's (RMBL) actual earnings were -$0.02 per share, which beat analysts' earnings expectations of -$0.085 per share by 76.47%. After releasing the results, RumbleON Inc (RMBL) was down by -5.56% in one day.
RumbleON Inc (RMBL, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 4 analysts, the average target price for RumbleON Inc (RMBL) is $6.88 with a high estimate of $9 and a low estimate of $5. The average target implies an upside of 19.98% from the current price of $5.73.
Based on GuruFocus estimates, the estimated GF Value for RumbleON Inc (RMBL, Financial) in one year is $3.67, suggesting a downside of -35.95% from the current price of $5.73.
Based on the consensus recommendation from 4 brokerage firms, RumbleON Inc's (RMBL, Financial) average brokerage recommendation is currently 1.5, indicating a "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
