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.
