TrueCar Inc reports results for the quarter ended June 30 - Earnings Summary

TrueCar

07/08/2025 02:12

TrueCar Inc TRUE.OQ reported a quarterly adjusted loss of 9 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -3 cents.  The mean expectation of six analysts for the quarter was for a loss of 10 cents per share. Wall Street expected results to range from -12 cents to -7 cents per share.

Revenue rose 12.4% to $47.00 million from a year ago; analysts expected $44.60 million.

TrueCar Inc's reported EPS for the quarter was a loss of 9 cents​.

The company reported a quarterly loss of $7.63 million.

TrueCar Inc shares had fallen by 15.3% this quarter and lost 56.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the online services peer group is  "buy."

Wall Street's median 12-month price target for TrueCar Inc is $2.75, about 28.4% above its last closing price of $1.97

This summary was machine generated from LSEG data August 7 at 01:11 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
-0.10
-0.09
Beat
Mar. 31 2025
-0.12
-0.12
Met
Dec. 31 2024
-0.06
-0.07
Missed
Sep. 30 2024
-0.06
-0.06
Met