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

TrueCar

23/02/2023 02:01

* TrueCar Inc  TRUE.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for a loss
of 14 cents per share.
    * Revenue fell 20.1% to $36.66 million from a year ago;
analysts
expected $40.37 million. 
    * TrueCar Inc's reported EPS for the quarter was a loss
of 21
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.4%
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 risen by 6.8% this quarter.
    * The company reported a quarterly loss of $18.14 million.
    * Wall Street's median 12-month price target for TrueCar Inc
is
$3.88 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 02:01 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.14          -0.15          Missed
 Sep. 30 2022      -0.11          -0.13          Missed
 Jun. 30 2022      -0.12          -0.06          Beat
 Mar. 31 2022      -0.08          -0.10          Missed