Rumo (RUMOF) Expected to Announce Quarterly Earnings on Thursday

Rumo (OTCMKTS:RUMOF – Get Free Report) is projected to issue its results after the market closes on Thursday, November 12th. Analysts expect the company to post earnings of $0.0685 per share and revenue of $753.08 million for the quarter.

Rumo Price Performance

Shares of OTCMKTS RUMOF opened at $3.80 on Wednesday. The firm has a fifty day moving average of $3.79 and a 200 day moving average of $3.80. Rumo has a one year low of $3.80 and a one year high of $4.57.

Wall Street Analyst Weigh In

Separately, Scotiabank raised shares of Rumo to an “outperform” rating in a report on Friday, October 23rd. One equities research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

View Our Latest Stock Report on Rumo

About Rumo

(Get Free Report)

Rumo S.A. is a Brazilian logistics company focused on rail transportation and integrated freight services. It moves agricultural commodities, including grains and sugar, as well as fuels, fertilizers and other goods, using railways, transshipment facilities and port terminals. The company operates rail networks across several regions of Brazil, connecting major agricultural areas with domestic markets and export ports. Its logistics services support the movement of cargo from production sites to terminals and ports.

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