TrueCar Inc expected to post a loss of 3 cents a share - Earnings Preview

TrueCar

03/08/2021 23:22

* TrueCar Inc  TRUE.OQ   TRUE.O  is expected to show a rise in
quarterly revenue when it reports results on August 5. 
* The Santa Monica, California-based company is expected to
report   a 5.1% increase in revenue to $65.894 million from
$62.69 million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for TrueCar Inc is for a
loss of 3 cents per share. For the same quarter last year, the
company reported earnings of 4 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 1 "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
$6.75​, about 21.9% above​ its last closing price of $5.27. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.04       -0.05      -0.02     Beat    57
 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
 Mar.          -0.02​      -0.03      0.04      Beat    259.5​
 31​ 2020​                                              
 Dec. 31 2019  -0.04       -0.04      -0.01     Beat    73.4​
 Sep. 30 2019  -0.03       -0.03      0.00      Beat    100
 Jun. 30 2019  0.00        0.00       -0.02     Missed  -500.6
 This summary was machine generated August 3 at 22:22 GMT.  All
figures in US dollars unless otherwise stated