Earnings Outlook For RumbleON
Portfolio Pulse from Benzinga Insights
RumbleON (NASDAQ:RMBL) is scheduled to release its quarterly earnings report on March 14, 2024, with analysts expecting an EPS of $-0.51. The company's past earnings performance shows a mix of misses and beats against estimates, with the stock price reacting variably. Shares are currently trading at $7.31, down 9.48% over the last year. Investors are looking for positive guidance for the next quarter beyond the earnings beat or miss.

March 13, 2024 | 2:04 pm
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RumbleON is expected to report a Q4 EPS of $-0.51, with investors keen on future guidance. Shares have declined 9.48% over the past year, indicating potential volatility post-earnings.
Given RumbleON's mixed historical earnings performance and the current expectation of a negative EPS, the short-term impact on RMBL's stock price is uncertain. However, the emphasis on future guidance suggests that positive forecasts could mitigate negative reactions to the earnings report. The stock's recent performance indicates sensitivity to earnings announcements, but the direction of the impact remains unclear without knowing the actual results and guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100