TrueCar Inc expected to post a loss of 12  cents a share - Earnings Preview

TrueCar

30/07/2022 03:03

* TrueCar Inc  TRUE.OQ   TRUE.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 2. 
    * The Santa Monica California-based  company is expected to
report
 a 33.4% decrease in revenue to $43.805 million from $65.77
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for TrueCar Inc is for
a loss
of 12 cents per share. For the same quarter last year, the
company reported breakeven results per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 5.9%
in the last three months. ​
    * Wall Street's median 12-month price target for TrueCar Inc
is
$3.38​, above​ its last closing price of $2.57. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.09       -0.08      -0.10     Missed  -29.6
 Dec. 31 2022  -0.03       -0.02      -0.07     Missed  -226.6
 Sep. 30 2021  -0.04       -0.04      -0.02     Beat    49.2​
 Jun. 30 2021  -0.03       -0.03      0.00      Beat    100
 ​​Mar.        -0.04       -0.05      -0.02     Beat    57
 31 2021                                                
 Dec. 31 2020  -0.04       -0.04      -0.01     Beat    76.7​
 Sep. 30 2020  0.08        0.07       0.14      Beat    112.1
 Jun. 30 2020  -0.07       -0.07      0.04      Beat    157.6
 This summary was machine generated July 30 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated