TrueCar (TRUE) Reports Q3 Loss, Tops Revenue Estimates
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TrueCar (TRUE) reported a Q3 loss of $0.03 per share, matching the Zacks Consensus Estimate, and improved from a $0.05 loss per share a year ago. The company exceeded revenue expectations.
November 07, 2024 | 12:00 am
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TrueCar reported a Q3 loss of $0.03 per share, in line with expectations, and improved from last year's $0.05 loss. The company exceeded revenue estimates.
TrueCar's Q3 loss per share was in line with expectations, showing improvement from the previous year. The fact that revenue exceeded estimates is a positive indicator for the company's financial health, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100