TrueCar Inc expected to post a loss of 6 cents a share - Earnings Preview

TrueCar

04/11/2023 01:46

* TrueCar Inc  TRUE.OQ   TRUE.O  is expected to show a rise
in
quarterly revenue when it reports  results 
    * The Santa Monica California-based  company is expected to
report
 a 4.8% increase in revenue to $40.923 million from $39.05
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for TrueCar Inc is for
a loss
of 6 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "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
$3.25​, above​ its last closing price of $2.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.13       -0.14      -0.09     Beat    33.8
 Mar. 31 2023  -0.15       -0.15      -0.15     Met     0
 Dec. 31 2022  -0.15       -0.14      -0.15     Missed  -8.7​
 Sep. 30 2022  -0.11       -0.11      -0.13     Missed  -18.2
 ​​Jun.        -0.12       -0.12      -0.06     Beat    45.8
 30 2022                                                
 Mar. 31 2022  -0.09       -0.08      -0.10     Missed  -29.6​
 Dec. 31 2021  -0.03       -0.02      -0.07     Missed  -226.6
 Sep. 30 2021  -0.04       -0.04      -0.02     Beat    49.2
 This summary was machine generated November 4 at 01:46 GMT.  All
figures in US dollars  unless otherwise stated