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

TrueCar

08/11/2022 01:02

* TrueCar Inc  TRUE.OQ  reported a quarterly adjusted loss
of 80
cents​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for a loss
of 11 cents per share.
    * Revenue fell 29% to $39.05 million from a year ago;
analysts
expected $42.44 million. 
    * TrueCar Inc's reported EPS for the quarter was a loss
of 85
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * TrueCar Inc shares had risen by 44.4% this quarter and
lost 35.9% so far this year.
    * The company reported a quarterly loss of $77.11 million.
    * Wall Street's median 12-month price target for TrueCar Inc
is
$3.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
8 at 01:02 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.11          -0.80          Missed
 Jun. 30 2022      -0.12          -0.06          Beat
 Mar. 31 2022      -0.08          -0.10          Missed
 Dec. 31 2021      -0.02          -0.07          Missed