RumbleON, Inc. (RMBL) Reports Q3 Loss, Lags Revenue Estimates
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RumbleON, Inc. (RMBL) reported a Q3 loss of $0.32 per share, missing the Zacks Consensus Estimate of a $0.11 loss. This is an improvement from the $0.71 loss per share a year ago.
November 12, 2024 | 2:45 pm
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RumbleON, Inc. reported a Q3 loss of $0.32 per share, which was worse than the expected loss of $0.11 per share. Despite this, the loss is an improvement from the previous year's $0.71 per share.
The reported loss per share of $0.32 was significantly worse than the expected loss of $0.11, which is likely to negatively impact the stock price in the short term. However, the improvement from last year's $0.71 loss may provide some positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100