TrueCar Inc expected to post a loss of 14 cents a share - Earnings Preview

TrueCar

28/07/2023 21:24

* TrueCar Inc  TRUE.OQ   TRUE.O  is expected to show a fall
in
quarterly revenue when it reports  results on July 31. 
    * The Santa Monica California-based  company is expected to
report
 a 7.9% decrease in revenue to $38.921 million from $42.28
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 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for TrueCar Inc
is
$3.5​, above​ its last closing price of $2.26. ​​​

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 2023  -0.15       -0.15      -0.15     Met     0
 Dec. 31 2023  -0.15       -0.14      -0.15     Missed  -8.7
 Sep. 30 2022  -0.11       -0.11      -0.13     Missed  -18.2​
 Jun. 30 2022  -0.12       -0.12      -0.06     Beat    45.8
 ​​Mar.        -0.09       -0.08      -0.10     Missed  -29.6
 31 2022                                                
 Dec. 31 2021  -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
 This summary was machine generated July 28 at 20:24 GMT.  All
figures in US dollars  unless otherwise stated