TrueCar Inc expected to post a loss of 4 cents a share - Earnings Preview

TrueCar

02/11/2021 02:05

* TrueCar Inc  TRUE.OQ   TRUE.O  is expected to show a fall in
quarterly revenue when it reports  results on November 3. 
* The Santa Monica, California-based company is expected to
report  a 20.5% decrease in revenue to $61.433 million from
$77.25 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 4 cents per share. For the same quarter last year, the
company reported earnings of 14 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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 37% above​ its last closing price of $4.25. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   -0.03       -0.03      0.00      Beat    100
 Mar. 312021   -0.04       -0.05      -0.02     Beat    57
 Dec. 312020   -0.04       -0.04      -0.01     Beat    76.7​
 Sep. 302020   0.08        0.07       0.14      Beat    112.1
 ​​Jun.        -0.07       -0.07      0.04      Beat    157.6
 302020                                                 
 Mar. 312020   -0.02       -0.03      0.04      Beat    259.5​
 Dec. 312019   -0.04       -0.04      -0.01     Beat    73.4
 Sep. 302019   -0.03       -0.03      0.00      Beat    100
 This summary was machine generated November 2 at 02:04 GMT.  All
figures in US dollars unless otherwise stated