TrueCar Inc reports results for the quarter ended March 31 - Earnings Summary

TrueCar

05/05/2025 22:00

TrueCar Inc TRUE.OQ reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -2 cents.  The mean expectation of six analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -14 cents to -10 cents per share.

Revenue rose 9.2% to $44.81 million from a year ago; analysts expected $44.26 million.

TrueCar Inc's reported EPS for the quarter was a loss of 12 cents​.

The company reported a quarterly loss of $10.14 million.

TrueCar Inc shares had fallen by 1.3% this quarter and lost 58.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 130.8% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

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

Wall Street's median 12-month price target for TrueCar Inc is $4.00

This summary was machine generated from LSEG data May 5 at 09:00 p.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
Mar. 31 2025
-0.12
-0.12
Met
Dec. 31 2024
-0.06
-0.07
Missed
Sep. 30 2024
-0.06
-0.06
Met
Jun. 30 2024
-0.03
-0.03
Met