RumbleON Q4 Sales $311.10M Miss $339.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
RumbleON (NASDAQ:RMBL) reported Q4 sales of $311.10M, missing the consensus estimate of $339.48M by 8.36%, marking a 6.18% decrease from the same period last year.
March 14, 2024 | 11:05 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
RumbleON reported Q4 sales of $311.10M, missing estimates by 8.36% and showing a 6.18% YOY decrease.
Missing sales estimates and showing a year-over-year decrease is generally seen negatively by the market, likely leading to a short-term negative impact on RMBL's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100