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TrueCar Inc reports results for the quarter ended in December - Earnings Summary

* TrueCar Inc  TRUE.OQ  reported a quarterly adjusted loss
of 7
cents​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for a loss of 2
cents per share.
    * Revenue fell 28.3% to $45.86 million from a year ago; 
analysts
expected $55.04 million. 
    * TrueCar Inc's reported EPS for the quarter was a loss
of 16
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * TrueCar Inc shares had fallen by 3.8% this quarter.
    * The company reported a quarterly loss of $15.79 million.
    * Wall Street's median 12-month price target for TrueCar Inc
is
$5.13 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated February 24 at 01:29 p.m.
 ​All figures in US dollars unless otherwise stated

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