Rumble (NASDAQ:RUM - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Tuesday, May 13th. Analysts expect Rumble to post earnings of ($0.11) per share and revenue of $22.77 million for the quarter. Rumble has set its Q1 2025 guidance at EPS.
Rumble (NASDAQ:RUM - Get Free Report) last posted its earnings results on Tuesday, March 25th. The company reported ($1.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($1.02). Rumble had a negative return on equity of 62.75% and a negative net margin of 152.81%. The firm had revenue of $30.20 million during the quarter, compared to the consensus estimate of $29.74 million. The company's revenue for the quarter was up 48.0% on a year-over-year basis. On average, analysts expect Rumble to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Rumble Trading Up 19.5 %
Shares of RUM traded up $1.52 during trading hours on Friday, reaching $9.30. 10,396,182 shares of the stock traded hands, compared to its average volume of 3,131,625. Rumble has a 52 week low of $4.92 and a 52 week high of $17.40. The stock has a fifty day simple moving average of $7.78 and a 200 day simple moving average of $8.99. The company has a market cap of $4.04 billion, a price-to-earnings ratio of -14.76 and a beta of 0.69.
Analysts Set New Price Targets
RUM has been the subject of several research analyst reports. Maxim Group initiated coverage on Rumble in a research report on Wednesday, January 15th. They set a "buy" rating and a $20.00 target price for the company. Wedbush set a $8.00 price objective on shares of Rumble and gave the company a "neutral" rating in a report on Tuesday, April 15th.
Read Our Latest Stock Report on Rumble
About Rumble
(
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Rumble Inc operates video sharing platforms in the United States, Canada, and internationally. The company operates rumble.com, a free-to-use video sharing and livestreaming platform where users can subscribe to channels to stay in touch with creators, and access video on-demand (VOD) and live content streamed by creators.
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