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TrueCar Q4 2024 Earnings Report

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$1.41 -0.10 (-6.62%)
As of 04:00 PM Eastern

TrueCar EPS Results

Actual EPS
-$0.07
Consensus EPS
-$0.06
Beat/Miss
Missed by -$0.01
One Year Ago EPS
N/A

TrueCar Revenue Results

Actual Revenue
$46.21 million
Expected Revenue
$47.30 million
Beat/Miss
Missed by -$1.09 million
YoY Revenue Growth
N/A

TrueCar Announcement Details

Quarter
Q4 2024
Time
After Market Closes
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TrueCar Earnings Headlines

TrueCar (TRUE) was downgraded to a Sell Rating at J.P. Morgan
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TrueCar downgraded to Underweight from Neutral at JPMorgan
JPMorgan downgrades TrueCar to Underweight after auto tariffs
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About TrueCar

TrueCar (NASDAQ:TRUE) operates as an internet-based information, technology, and communication services company in the United States. It operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. The company also offers forecast and consulting services regarding determination of the residual value of an automobile at given future points in time, which are used to underwrite automotive loans and leases, and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. In addition, it provides TrueCar Trade, which gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership; and DealerScience that provides dealers with advanced digital retailing software tools. The company was formerly known as Zag.com Inc. The company was incorporated in 2005 and is headquartered in Santa Monica, California.

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