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

TrueCar

09/05/2023 19:12

* TrueCar Inc  TRUE.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 15 cents per share.
    * Revenue fell 15.1% to $36.98 million from a year ago;
analysts
expected $38.82 million. 
    * TrueCar Inc's reported EPS for the quarter was a loss
of 22
cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.4%
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 17.4% this quarter and
gained 7.6% so far this year.
    * The company reported a quarterly loss of $19.57 million.
    * Wall Street's median 12-month price target for TrueCar Inc
is
$3.75 
    * 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 May
9 at 06:12 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.15          -0.15          Met
 Dec. 31 2022      -0.14          -0.15          Missed
 Sep. 30 2022      -0.11          -0.13          Missed
 Jun. 30 2022      -0.12          -0.06          Beat