TrueCar Reports Fourth Quarter and Full Year 2016 Financial Results

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TrueCar (TRUE) PT Raised to $19 at RBC on Strong 4Q Report, Positive 2017 Guidance

February 17, 2017 6:43 AM EST

RBC Capital Markets analyst Mark Mahaney reiterates Outperform rating and raises price target on TrueCar Inc. (NASDAQ: TRUE) to $19 (from $17), noting cars sold growth reached levels not seen since third quarter 2015, as the company reported 2016 fourth quarter revenues and margins above expectations, while offering 2017... More

TrueCar (TRUE) Tops Q4 EPS by 4c, Offers Q1 Rev. Guidance

February 16, 2017 4:09 PM EST

TrueCar (NASDAQ: TRUE) reported Q4 EPS of ($0.01), $0.04 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $74.1 million versus the consensus estimate of $71.31 million.

GUIDANCE:

TrueCar sees Q1 2017 revenue of $71-73 million, versus the consensus of $68.9... More