TrueCar Reports Second Quarter 2016 Financial Results
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RBC Capital Raises Price Target on TrueCar (TRUE) to $10 Following 2Q Beat and Guidance
August 5, 2016 7:36 AM EDTRBC Capital reiterated a Sector Perform rating on TrueCar (NASDAQ: TRUE), and raised the price target to $10.00 (from $6.00), following the company's 2Q earnings report. Revenue was $66.4MM and above Street estimates of 65.5MM and slightly above guidance of $64-66MM. Q3... More
TrueCar (TRUE) Tops Q2 EPS by 5c
August 4, 2016 4:37 PM EDTTrueCar (NASDAQ: TRUE) reported Q2 EPS of ($0.05), $0.05 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $66.4 million versus the consensus estimate of $65.52 million.
In the second quarter, we continued to make progress against our turnaround plan, and we exceeded... More
