JP Morgan analyst Rajat Gupta downgraded TrueCar, Inc. TRUE from Overweight to Neutral.This week, the company reported fourth-quarter EPS loss of 7 cents per share, falling short of the analyst consensus estimate of loss of 6 cents and revenue of $46.21 million, missed the consensus estimate of $47.29 million.The analyst cites the weakening tailwinds from inventory and limited visibility on a sustained turnaround in revenue and profits as reasons for the downgrade. The analyst writes that it was a disappoin ...

TrueCar (TRUE) has been on a downward spiral lately with significant selling pressure. After declining 19.1% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is ov ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36449 TRUECAR, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 225 Santa Monica Blvd, 1 ...

TrueCar, Inc. (NASDAQ:TRUE) Q4 2024 Earnings Conference Call February 19, 2025 9:00 AM ET Company Participants Jantoon Reigersman - President, CEO & Director Oliver Foley - CFO Conference Call Participants Rajat Gupta - JPMorgan Ryan Powell - B. Riley Securities Ryan Meyers - Lake Street Tom White - D.A. Davidson Marvin Fong - BTIG Chris Pierce - Needham Operator Good day, and welcome to the TrueCar, Inc. fourth quarter 2024 financial results conference call. Please note this event is being recorded. I woul ...

SUPPLEMENTAL MATERIALS Fourth Quarter 2024 Quarter Ended December 31, 2024 SUPPLEMENTAL MATERIALS Important Information This presentation contains forward-looking statements. All statements other than statements of historical fact contained in this presentation, including our expectations regarding future expected revenue growth and free cash flow margins, are forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties and assumptions that may prove incorrect ...

TrueCar (TRUE) reported $46.21 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 11.9%. EPS of -$0.04 for the same period compares to $0.00 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $47.96 million, representing a surprise of -3.66%. The company delivered an EPS surprise of -33.33%, with the consensus EPS estimate being -$0.03.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

TrueCar (TRUE) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this provider of localized information on new car costs would post a loss of $0.03 per share when it actually produced a loss of $0.03, delivering no surprise.Over the last four q ...

Stockholder Letter Q4 2024 True Car + True Cor To Our Fellow Stockholders With 2024 behind us and a new year in full swing, it's important for us to pause and reflect on the exciting journey we are on; a journey we embarked on in the summer of 2023 when we restructured the company and committed to building a stronger and more resilient TrueCar. Taking stock of where we are relative to where we were and where we expected to be allows us to evaluate what is working or not working and adjust course accordingly ...

Live call and webcast will occur on February 19 at 9:00 a.m. ETSANTA MONICA, Calif., Feb. 18, 2025 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) today announced financial results for the fourth quarter ended December 31, 2024 in a stockholder letter, which is available HERE and on the TrueCar Investor Relations website at ir.truecar.com.The company will host a call to discuss its fourth quarter results on Wednesday, February 19 at 9:00 a.m. ET/6:00 a.m. PT. A live webcast of the call will be available throug ...

Investors might want to bet on TrueCar (TRUE) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individu ...