RumbleON, Inc. (RMBL) Issues Quarterly Earnings Results, Beats Expectations By $0.03 EPS
RumbleON, Inc. (NASDAQ:RMBL) released its quarterly earnings results on Thursday. The company reported ($0.23) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.26) by $0.03, Bloomberg Earnings reports. The firm had revenue of $3.71 million for the quarter, compared to analyst estimates of $3.45 million.
RumbleON (RMBL) traded down $0.13 during mid-day trading on Friday, reaching $5.05. 24,560 shares of the company traded hands, compared to its average volume of 25,805. RumbleON has a 52 week low of $3.40 and a 52 week high of $10.00.
Separately, Roth Capital began coverage on shares of RumbleON in a research report on Wednesday, October 25th. They set a “buy” rating and a $7.75 price target on the stock.
RumbleON Company Profile
RumbleON, Inc (RumbleON), formerly Smart Server Inc, is a development-stage company. The Company focuses on creating an e-commerce platform facilitating the ability of both consumers and dealers to Buy-Sell-Trade-Finance pre-owned recreation vehicles (RV). Serving both consumers and dealers, RumbleON makes such consumers or dealers a cash offer for the purchase of their vehicle.
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