RumbleON Q3 Adj EPS $(0.71) Misses $(0.51) Estimate, Sales $338.11M Miss $354.96M Estimate
Portfolio Pulse from Benzinga Newsdesk
RumbleON (NASDAQ:RMBL) reported Q3 adjusted losses of $(0.71) per share, missing the analyst consensus estimate of $(0.51) by 39.22 percent. This is a 362.96 percent decrease over earnings of $0.27 per share from the same period last year. The company also reported quarterly sales of $338.11 million, missing the analyst consensus estimate of $354.96 million by 4.75 percent, a 28.10 percent decrease over sales of $470.27 million the same period last year.

November 07, 2023 | 12:04 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
RumbleON's Q3 earnings and sales missed analyst estimates, marking a significant decrease from last year's figures.
RumbleON's Q3 earnings and sales missed analyst estimates, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100