RumbleON: Q1 Earnings Insights

RumbleON (NASDAQ:RMBL) reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:00 AM. Here’s what investors…

RumbleON (NASDAQ:RMBL) reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:00 AM.

Here’s what investors need to know about the announcement.

Earnings

RumbleON beat estimated earnings by 113.89%, reporting an EPS of $0.05 versus an estimate of $-0.36.

Revenue was down $113.62 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.54 which was followed by a 12.15% drop in the share price the next day.

Here’s a look at RumbleON’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.14 0.65 0.9 0.99
EPS Actual -0.68 0.27 1.2 0.58
Revenue Estimate 398.55M 466.36M 513.59M 445.92M
Revenue Actual 369.51M 470.27M 546.10M 459.92M

To track all earnings releases for RumbleON visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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