TrueCar Inc expected to post a loss of 7  cents a share - Earnings Preview

TrueCar

07/05/2022 03:01

* TrueCar Inc  TRUE.OQ   TRUE.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 9. 
    * The Santa Monica California-based  company is expected to
report
 a 28.6% decrease in revenue to $46.481 million from $65.11
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 7 cents per share. For the same quarter last year, the
company reported a loss of 2 cents 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for TrueCar Inc
is
$4.75​, above​ its last closing price of $3.69. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2021  -0.04       -0.05      -0.02     Beat    57
 ​​Dec.        -0.04       -0.04      -0.01     Beat    76.7
 31 2020                                                
 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. 31 2020  -0.02       -0.03      0.04      Beat    259.5
 This summary was machine generated May 7 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated