TrueCar (TRUE) reported earnings on Thur 9 Aug 2018 (a/h)

** charts after earnings **

 

TrueCar reports EPS in-line, revs in-line; guides Q3 revs in-line; guides FY18 revs in-line 

• Reports Q2 (Jun) earnings of $0.03 per share, excluding non-recurring items, in-line with the Capital IQ Consensus of $0.03; revenues rose 7.4% year/year to $87.85 mln vs the $87.81 mln Capital IQ Consensus.
  • Units were 250,269 in Q2, up 3% from 242,130 in 2Q17.
• Co issues in-line guidance for Q3, sees Q3 revs of $93-95 mln vs. $94.58 mln Capital IQ Consensus Estimate.
• Co issues in-line guidance for FY18, sees FY18 revs of $360-365 mln vs. $361.28 mln Capital IQ Consensus Estimate. Units are expected to be in the range of 1,030,000 to 1,040,000.