-TrueCar (TRUE) reported earnings on Thur 7 Nov 19 (a/h)

TrueCar beats by $0.03, beats on revs; guides FY19 revs above consensus

Reports Q3 (Sep) net of breakeven, excluding non-recurring items, $0.03 better than the S&P Capital IQ Consensus of ($0.03); revenues fell 3.2% year/year to $90.56 mln vs the $88.01 mln S&P Capital IQ Consensus.

• Third quarter Adjusted EBITDA of $5.9 mln, representing an Adjusted EBITDA margin of 6.5%, compared to Adjusted EBITDA of $10.0 mln, representing an Adjusted EBITDA margin of 10.7%, in the third quarter of 2018.
• Average monthly unique visitors decreased 4% to 7.7 mln in the third quarter of 2019, down from 8.0 mln in the third quarter of 2018.

Co issues upside guidance for FY19, sees FY19 revs of $351-353 mln vs. $347.66 mln S&P Capital IQ Consensus.

TrueCar (TRUE) reported earnings on Thur 8 Aug 2019 (a/h)

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TrueCar (TRUE) reported earnings on Thur 14 Feb 2019 (a/h)

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Missed on Q4 EPS and revs and issued downside guidance for Q1 and FY19 revs; average monthly unique visitors to co's site decreased 10% year/year to 6.5 mln in the quarter. Downgraded at RBC Capital Mkts (to Sector Perform), B. Riley FBR (to Neutral), and Craig Hallum (to Hold). Also acquired 20% stake in vehicle appraisal technology company Accu-Trade. At two-year lows.

TrueCar misses by $0.02, misses on revs; guides Q1 revs below consensus; guides FY19 revs below consensus

• Reports Q4 (Dec) earnings of $0.03 per share, $0.02 worse than the S&P Capital IQ Consensus of $0.05; revenues rose 9.6% year/year to $91.1 mln vs the $96.03 mln S&P Capital IQ Consensus.  Average monthly unique visitors decreased 10% to 6.5 million in the fourth quarter of 2018, down from approximately 7.3 million in the fourth quarter of 2017. In FY 2018, average monthly unique visitors increased 2% to approximately 7.5 million, up from 7.4 million in FY 2017. Units were 257,017 in the fourth quarter of 2018, up from 239,521 in the fourth quarter of 2017.
• Co issues downside guidance for Q1, sees Q1 revs of $84-86 mln vs. $93.07 mln S&P Capital IQ Consensus. Q1 Guidance: Adjusted EBITDA is expected to be in the range of $3 million to $5 million.
• Co issues downside guidance for FY19, sees FY19 revs of $371-378 mln vs. $410.27 mln S&P Capital IQ Consensus.  FY19 Guidance: Adjusted EBITDA is expected to be in the range of $35 million to $40 million.

TrueCar also acquires a 20% stake in vehicle appraisal technology company Accu-Trade, LLC; terms not disclosed

Accu-Trade's mobile-first product offering, leveraging Galves Market Data, provides instant, VIN-specific appraisals anytime and on any device with insights including real-time mileage, option, history, and condition-specific valuation adjustments; local market data, common problems, recall notices, and historical trends; and vehicle history reports and guidebook integrations.

Earnings this week : Feb. 11 - 15, 2019 (wk 7)

Earnings confirmed to report this week:

Monday (Feb 11)

• Morning: CNA DO GPRE KMPR L MCY MDP MPAA NSP QSR
• Afternoon: AMBR, AMKR ACB BHF BRS BRX BRKR CHGG CMP ROAD DCP ELVT RE FARM FMC RAMP MIME MOH MGI LABL NWE OHI OMF PYX RNG VRNS VECO VNO 

Mon pm/Tue am (vol): https://finviz.com/screener.ashx?v=211&t=AMBR,AMKR,ACB,BHF,BRS,BRX,BRKR,CHGG,CMP,ROAD,DCP,ELVT,RE,FARM,FMC,RAMP,MIME,MOH,MGI,LABL,NWE,OHI,OMF,PYX,RNG,VRNS,VECO,VNO,AYR,ARCC,FIS,HUN,IPGP,JLL,MLM,MDSO,TAP,NNN,NP,NRZ,OMC,ONDK,SABR,SHOP,STE,TOWR,UAA,USFD,WEC,WELL&ta=0&o=-volume

Tuesday (Feb 12)

• Morning: AYR ARCC FIS HUN IPGP JLL MLM MDSO TAP NNN NP NRZ OMC ONDK SABR SHOP STE TOWR UAA USFD WEC WELL 
• Afternoon: ACGL AIZ AKAM AQ ATVI AVLR BFAM BXMT CNO CRAY CSOD DEI DENN EXEL GRPN HUBS IRTC JCOM KRNT LSCC MPWR OXY QLYS QUOT REXR RPAI RRR SHO SPSC TRIP TWLO UDR UIS

Tue pm/Wed am (vol):  https://finviz.com/screener.ashx?v=211&ta=0&o=-volume&t=ACGL,AIZ,AKAM,AQ,ATVI,AVLR,BFAM,BXMT,CNO,CRAY,CSOD,DEI,DENN,EXEL,GRPN,HUBS,IRTC,JCOM,KRNT,LSCC,MPWR,OXY,QLYS,QUOT,REXR,RPAI,RRR,SHO,SPSC,TRIP,TWLO,UDR,UIS,AB,ACCO,BABY,BKI,CAMT,CBM,CBRE,CBZ,CEVA,CFX,CIGI,CIM,CRL,CRTO,CVE,DBD,DISH,ECOM,FLIR,FUN,GLPI,GOLD,GPN,HLT,IPG,IRWD,KELY-A,LAD,LPX,LXFT,NVMI,TECK,TEVA,TMHC,WH

Wednesday (Feb 13)

• Morning: AB ACCO BABY BKI CAMT CBM CBRE CBZ CEVA CFX CIGI CIM CRL CRTO CVE DBD DISH ECOM FLIR FUN GLPI GOLD GPN HLT IPG IRWD KELY.A LAD LPX LXFT NVMI TECK TEVA TMHC WH 
• Afternoon: AIG AKR AMGP ANDE AR ARES ARI ASGN BAND BCOV BKD CF CHEF CPA CRY CSCO CTL CTRE CXP DIOD DVA EQC EQIX FCPT FNF FOSL FR FRT H HCP HR IFF IVC KAI KGC LPI MFC MGM MRO NGVT NLY NPO NTAP NUS OII OIS PGRE PPC PRSP PS PXD QDEL QTWO REG RYAM SKT SLF SNBR SPWR STAG SVMK SWIR TCO TCX TRUP TSE VNDA WCN WMB YELP

Thursday (Feb 14)

• Morning: AAN AEE AER AGIO ALE ALKS ARCH AVP AZN BAM BCOR BGCP BLMN BWA CBB CCEP CME COWN CYBR DGX DNOW DUK EEX EPAM EQM EQT FAF GEO GLOG GNRC GOOS GTLS HII HPP INCY IQV IRM KO LECO MANU MGP MTRN NICE NSIT PATK PBF PBFX PDS POOL PPL R SIX SMI SMP SON STFC STNG THS TPX TRP TRTN TRU TU VMC WLH WM WSO WST YETI ZBRA ZTS
• Afternoon: AEM AIRG AMAT AMN ANET AUY BL CBS CC CGC CGNX CPS CVA ELLI GLOB HTA INVH  LOGM  MERC MRC MX NVDA PDFS RDFN RWT SPXC SSNC TLND TNET TREX TRUE VICI WES WGP WRE XPO 

Friday (Feb 15)

• Morning: ABR AXL CHH CPSI DAN DE TSX:ENB FTS MCO NWL PEP POR SXT TYPE WBC YNDX ZEUS

TrueCar (TRUE) reported earnings on Tue 6 Nov 2018 (a/h)

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TrueCar misses by $0.01, reports revs in-line; guides Q4 revs below consensus 

• Reports Q3 (Sep) earnings of $0.04 per share, excluding non-recurring items, $0.01 worse than the S&P Capital IQ Consensus of $0.05; revenues rose 13.5% year/year to $93.59 mln vs the $93.89 mln S&P Capital IQ Consensus.
  • Third quarter Adjusted EBITDA(2) of $10.0 million, representing an Adjusted EBITDA margin(3) of 10.7%, compared to Adjusted EBITDA of $8.0 million, representing an Adjusted EBITDA margin of 9.7%, in the third quarter of 2017.
  • Units(4) were 268,026 in the third quarter of 2018, up 6% from 253,527 in the third quarter of 2017.
• Co issues downside guidance for Q4, sees Q4 revs of $95.5-97.5 mln vs. $98.83 mln S&P Capital IQ Consensus.
  • Units are expected to be in the range of 262,000 to 267,000.
  • Adjusted EBITDA is expected to be in the range of $10.0 million to $11.0 million.

Earnings this week : November 5 - 9, 2018 (wk 45)

Notable earnings out this week

Monday (Nov 5) 

• Morning: CNA CYOU DEA DO DXPE FOLD HRTX HUD INVH KMPR KOS L NS OHI PCG PEGI PGRE RACE RBC SEAS SHO SOGO SOHU  SYY
• Afternoon: ACHC AEL AKCA ANDE APLE APTS ATRO ATUS AVD AWR BE BHF BKD BKH BKNG CAR CBT CDEV CIR COHU CRZO CTRE CXW DCO DCP DRH DVAX ELF EVBG FMC FN FNV FRGI FRPT FTDR HHC IFF INSY IPAR ITRI IVC JCOM KMT LASR LDL LMNX LPI MAR MATX MOS MTW MWA MYL NBIX NTR NVRO OAS OTTR OUT OXY P PDCE PEN PLOW PTCT RARE RCII REN RNG RYAM SBAC SNHY STRL SYKE TBI TCMD THC TROX TRTX TVTY TWOU VVC VVV WTR 

Tuesday (Nov 6)

• Morning:  AAC ABC ADM AES AFI ANIP APD AVNS BCC BCPC BDX BHC BIOS BLD BR CBM COL CORE CTLT CVS DSKE ELAN EMES EMR ETM EXPD FI FRTA FSS GCP GLDD GLT GOGO GSKY GTN GTX HAE HLNE HPT HSIC IONS IRWD JELD JLL KEYW LABL LGIH LLY LPX LXP MBUU MFA MIDD MLCO MLM MNK MYE NHI NOVT NWN OCN ONCE ONDK ORA PINC PNM PQG PRIM REGN RHP RL SAGE SERV SNH STE SUM SYNH TAST TDG TRI UNT UNVR USAC USFD VER VPG VRTV WLK WLKP ZBRA
• Afternoon:  AAXN ACAD AIMT AIZ APEI ASH BEL BOLD BWXT CCS CGBD CHUY COHR CPE CSLT CUTR CWH DAR DATA DIOD DK DOOR DPLO DVN DXC DXCM EGN ENLC ENLK ENPH ETSY EVH EVRI FANG FIVN FTK FTR G GDDY GHDX GLUU HALO HEAR HCKT IAG ICHR INFN INGN INSP IOSP JAZZ JKHY KAR KTOS LC LNT MB MBI MED MODN MTCH MXWL MYGN NEWR NP OR PAA PAAS PAGP PAHC PLNT PLT PLYA PRA PRI PRMW PSEC PUMP PXD PZZA QDEL QHC QTWO RLJ RPD RRGB SCSC SEND SIEN SUPN SWX TAHO TRUE TSLX TWLO TWO UCTT VSLR VSM WEN WSC WTTR XEC XOG ZAGG ZG 

Wednesday (Nov 7)

• Morning: ALNY AMRX ANDX ASC AVA CARS CDK CLNY CNDT CNHI COTY CRL CSTE CSWI DF DISH DLPH ENBL FOXA GEO GIB GRPN HUM HZNP ITG KELYA KORS MDP MGLN MIDD MNTA NSIT ODP PFGC RCM RDWR ROK SBGI SGRY SMG SMI SO SPNS SRE TPB TSG VAC VGR VIRT WAAS WWW
• Afternoon: AAOI ADT ALB ALRM AMBC ANGI AYX CARG CTRP  CVNA CYBR FOSL FTD GDOT IAC KDP MCHP NUS NWSA OSTK QCOM ROKU SAIL SQ TIVO TLND TRIP TTWO UPWK WYNN ZAYO

Thursday (Nov 8)

• Morning: CAH CROX DISCA EBIX ENDP HAIN HII JCI SBH SGMS
• Afternoon:  ACB AGO AGS AL ALTR AMBR AMC AMPH AQN ARA ASRT ATVI BOJA BPI BRS BW CBPX COLD COLL CTL CYRX DBX DIS DOX ECOM EGAN EPAY ERI FGEN FNKO FOE FSCT FSM FTCH GMED HDP HTZ ICUI IMPV JAG JJSF LGF.A LOPE LPSN MCFT MIME MRAM MTD NNI NTRA OSTK PDFS PRAA RBA RDFN SCOR SENS SGMO SGYP SPPI SSRM SWIR SWKS SYNA TERP TRUP TRXC TSE TTD UEPS UIS UPLD VRAY VRTU WOW WPRT WSC XON XRAY YELP ZGNX

Friday (Nov 9)

• Morning:  ADNT ERF ESNT MGI MPAA OMER OXFD PBPB RDNT SSP STWD SUP TRCO UBNT
• Afternoon: ATHN GNC OPK   

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

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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.

TrueCar Inc. (TRUE) reported earnings on Mon 6 Nov 2017 (a/h)

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TrueCar reports EPS in-line, misses on revs; guides Q4 revs below consensus 

• Reports Q3 (Sep) earnings of $0.02 per share, in-linewith the Capital IQ Consensus of $0.02; revenues rose 9.7% year/year to $82.4 mln vs the $86.82 mln Capital IQ Consensus.
• Units were 253,527 in 3Q17, up 15% from 220,633 in 3Q16.
• Franchise dealer count was 12,286 as of September 30, 2017, a record and an increase from 12,204 as of June 30, 2017.
• Independent dealer count was 2,938 as of September 30, 2017, a record and an increase from 2,860 as of June 30, 2017. 
• Co issues downside guidance for Q4, sees Q4 revs of $81-$83 mln vs. $84.11 mln Capital IQ Consensus Estimate. Sees units of 240-245K. Sees Adjusted EBITDA in the range of $6.0-$7.0 million. 

TrueCar Inc. (TRUE) reported earnings on Tue 8 Aug 2017 (a/h)

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TrueCar beats by $0.01, beats on revs; guides Q3 revs below consensus; guides FY17 revs in-line(19.51 -0.17)

• Reports Q2 (Jun) earnings of $0.01 per share, excluding non-recurring items, $0.01 better thanthe Capital IQ Consensus of ($0.00); revenues rose 23.2% year/year to $81.82 mln vs the $80.75 mln Capital IQ Consensus.
  • Units were 242,130 in Q2 up 26% YoY
• Co issues downside guidance for Q3, sees Q3 revs of $85-87 mln vs. $87.3 mln Capital IQ Consensus Estimate. Co guides to units of 265,000-270,000.
• Co issues in-line guidance for FY17, sees FY17 revs of $325-329 mln vs. $327.23 mln Capital IQ Consensus Estimate. Co guides to units of 975,000 to 985,000, .up from prior guidance of 950-960K.
• "Despite the bigger picture trends in automotive, we set records in nearly every major financial and operating metric in the second quarter...The momentum that we have been building over the past few quarters at TrueCar is continuing quite nicely."

TrueCar Inc. (TRUE) reported earnings on Thur 16 Feb 2017 (a/h)

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SANTA MONICA, Calif. (AP) _ TrueCar Inc. (TRUE) on Thursday reported a loss of $8 million in its fourth quarter.

The Santa Monica, California-based company said it had a loss of 9 cents per share. Losses, adjusted for stock option expense and non-recurring costs, came to 1 cent per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.

The provider of localized information on new car costs posted revenue of $74.1 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $71.1 million.

For the year, the company reported that its loss narrowed to $41.7 million, or 49 cents per share. Revenue was reported as $277.5 million.

For the current quarter ending in April, TrueCar said it expects revenue in the range of $71 million to $73 million.

The company expects full-year revenue in the range of $315 million to $320 million.

TrueCar shares have increased 6 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $13.25, more than doubling in the last 12 months.

TrueCar (TRUE) reported earnings Thur 18 Feb 2016 (a/h)

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 TrueCar misses by $0.02, misses on revs; guides Q1 & FY16 revs below consensus  :

Reports Q4 (Dec) loss of $0.06 per share, $0.02 worse than the Capital IQ Consensus of ($0.04); revenues rose 14.6% year/year to $63.59 mln vs the $65.28 mln Capital IQ Consensus.

• Co issues downside guidance for Q1, sees Q1 revs of $60-62 mln vs. $70.21 mln Capital IQ Consensus Estimate. Adjusted EBITDA is expected to be breakeven.
• Co issues downside guidance for FY16, sees FY16 revs of $270-275 mln vs. $309.74 mln Capital IQ Consensus Estimate. Adjusted EBITDA is expected to be breakeven.
• Franchise dealer count was 9,094 as of December 31, 2015, representing approximately 29% of all new car franchises and an increase from 8,702 as of September 30, 2015.
• Average monthly unique visitors was 5.9 million in the fourth quarter of 2015, up from approximately 4.4 million in the fourth quarter of 2014. In FY 2015, average monthly unique visitors increased 40% to approximately 6.0 million, up from 4.3 million in FY 2014.