TrueCar ($TRUE) Reports Q3 2024 Earnings On Wednesday

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Mark your calendars for Wednesday 6th November 2024, as TrueCar (NASDAQ: TRUE) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place after market close, pave the way to review a period of expectation and anticipation.

It appears that the business is on the verge of revealing their estimated $0.06 loss per share for the quarter, as well as their total revenue of $44.86 million for this specific period, according to financial experts on Wall Street.

Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $173.9 million. Additionally, they are expecting the company to achieve per share loss of $0.32 for the fiscal year.

When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share loss of $0.09. This numbers can be credited to the company's total revenue, which amounted to an impressive $41.15 million during the same quarter.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $-0.08 +65.2% 41.80 M +6.4%
Q1 2024 $-0.06 +72.7% 41.05 M +11.0%
Q4 2023 $-0.02 +90.5% 41.29 M +12.6%
Q3 2023 $-0.09 +52.6% 41.15 M +5.4%
Q2 2023 $-0.23 -91.7% 39.29 M -7.1%
*Growth on year-over-year basis

 

Additionally, The company will host a conference call with investors and analysts on 7th November 2024 at 09:00 AM eastern time to review the Q3 2024 financial results.

TrueCar (TRUE) closed Friday's regular trading session at $3.86, indicating a 1.28 percent downfall. The stock fluctuated between $3.76 and $3.94 during the day, with a volume of 330.80 thousand shares.