TrueCar (NASDAQ: TRUE) reported Q3 EPS of $0.04, $0.01 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $93.6 million versus the consensus estimate of $93.84 million.

“We are encouraged that we achieved our plans in the third quarter, realizing 14% year over year revenue growth, and we are guiding to even faster top-line growth in the fourth quarter” said John Pierantoni, Interim Chief Financial Officer.

Chip Perry, TrueCar’s President and Chief Executive Officer, continued, “Operationally, TrueCar had a strong third quarter with in-line financial results on revenue and adjusted EBITDA. Based on the progress we've made this year, we believe we can significantly accelerate our revenue growth in 2019, and we have created the foundation for building what we believe will be the industry’s only true end-to-end online shopping-to-showroom experience.”

GUIDANCE:

TrueCar sees Q4 2018 revenue of $95.5-97.5 million, versus the consensus of $98.71 million.

For earnings history and earnings-related data on TrueCar (TRUE) click here.