* Rubicon Technologies Inc 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 no 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," no "hold" and no "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
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