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

TrueCar

01/08/2023 02:06

* TrueCar Inc  TRUE.OQ  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 14
cents per share.
    * Revenue fell 7.1% to $39.29 million from a year ago;
analysts
expected $38.92 million. 
    * TrueCar Inc's reported EPS for the quarter was a loss
of 23
cents​.
    * The mean earnings estimate of analysts had fallen by
about 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 risen by 4.0% this quarter and
lost 6.4%
so far this year.
    * The company reported a quarterly loss of $20.42 million.
    * Wall Street's median 12-month price target for TrueCar Inc
is
$3.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 01:06 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.14          -0.09          Beat
 Mar. 31 2023      -0.15          -0.15          Met
 Dec. 31 2022      -0.14          -0.15          Missed
 Sep. 30 2022      -0.11          -0.13          Missed