Rubicon Technologies Inc RBT.N reported a quarterly adjusted loss of 34 cents per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of $-1.28. The mean expectation of two analysts for the quarter was for a loss of 42 cents per share. Wall Street expected results to range from -44 cents to -40 cents per share.
Revenue rose 2.8% to $170.66 million from a year ago; analysts expected $169.75 million.
Rubicon Technologies Inc's reported EPS for the quarter was a loss of 34 cents.
The company reported a quarterly loss of $12.96 million.
Rubicon Technologies Inc shares had fallen by 55.3% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 7.2% in the last three months.
In the last 30 days, there have been earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," "hold" and "sell" or "strong sell."
Wall Street's median 12-month price target for Rubicon Technologies Inc is $3.25
This summary was machine generated from LSEG data March 7 at 11:37 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Dec. 31 2023 |
-0.42 |
-0.34 |
Beat |
Sep. 30 2023 |
-1.24 |
-0.85 |
Beat |
Jun. 30 2023 |
-2.02 |
-0.96 |
Beat |
Mar. 31 2023 |
-1.97 |
-0.40 |
Beat |