Automotive digital marketplace TrueCar misses Q3 revenue estimates

Reuters2025-11-06

Automotive digital marketplace TrueCar misses Q3 revenue estimates

Overview

TrueCar Q3 revenue falls to $43.2 mln from $46.5 mln, missing analysts' expectations
Net income for Q3 was $5 mln, reversing a loss from the previous quarter and year-ago period

Outlook

TrueCar will not provide forward-looking guidance due to pending acquisition
TrueCar's prior guidance should no longer be relied upon

Result Drivers

CASH FLOW IMPROVEMENT - Significant increase in cash flow from operations and free cash flow, indicating improved operational efficiency
UNIQUE VISITORS - Average monthly unique visitors increased slightly from the previous quarter, though down year-over-year

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue	Miss	$43.20 mln	$47.50 mln (4 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy."
Wall Street's median 12-month price target for TrueCar Inc is $2.55, about 14.1% above its November 4 closing price of $2.19

Press Release: ID:nPnbcCMDca

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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