-$0.24 Earnings Per Share Expected for RumbleON, Inc. (RMBL) This Quarter

Equities research analysts predict that RumbleON, Inc. (NYSE:RMBL) will post earnings of ($0.24) per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for RumbleON’s earnings, with estimates ranging from ($0.30) to ($0.18). RumbleON posted earnings of ($0.28) per share in the same quarter last year, which suggests a positive year-over-year growth rate of 14.3%. The firm is scheduled to announce its next earnings report after the market closes on Monday, May 13th.

According to Zacks, analysts expect that RumbleON will report full year earnings of ($0.64) per share for the current year, with EPS estimates ranging from ($0.86) to ($0.42). For the next financial year, analysts forecast that the company will report earnings of $0.00 per share, with EPS estimates ranging from ($0.07) to $0.07. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow RumbleON.

RumbleON (NYSE:RMBL) last issued its quarterly earnings data on Wednesday, March 27th. The company reported ($0.57) EPS for the quarter, missing the consensus estimate of ($0.30) by ($0.27). The firm had revenue of $115.15 million for the quarter, compared to analysts’ expectations of $107.32 million.

Separately, B. Riley restated a “buy” rating on shares of RumbleON in a report on Friday, March 15th.

Shares of RMBL stock opened at $5.11 on Friday. RumbleON has a one year low of $4.38 and a one year high of $10.98.

RumbleON Company Profile

RumbleON, Inc, a development stage company, provides an e-commerce platform that facilitates consumers and dealers to buy, sell, trade, and finance pre-owned recreation vehicles. It primarily focuses on pre-owned Harley Davidson motorcycles and other powersports. The company also sells branded and other merchandise and accessories; and provides third-party financing.

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