RUM Group Stock Sits 9% Above Its 20-Day Average Ahead of Today's Report - RUM Group (NASDAQ:RUM)

RUM Group Inc. (NASDAQ:RUM) shares are in the spotlight Monday with earnings slated for release today after the market close.

RUM Group shares are advancing steadily. Why is RUM stock advancing?

Earnings Preview & History

RUM Group is expected to report a loss of 9 cents per share along with revenue of $31.24 million. For the prior quarter, the company reported a loss of 12 cents per share, missing the consensus estimate of a 9-cent loss. It also reported revenue of $25.46 million, missing the consensus estimate of $25.98 million.

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