TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. It operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. The company also offers forecast and consulting services regarding determination of the residual value of an automobile at given future points in time, which are used to underwrite automotive loans and leases, and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. In addition, it provides TrueCar Trade, which gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership; and DealerScience that provides dealers with advanced digital retailing software tools. The company was formerly known as Zag.com Inc. The company was incorporated in 2005 and is headquartered in Santa Monica, California.

TrueCar, Inc.

In trading on Wednesday, vehicle manufacturers shares were relative laggards, down on the day by about 4.1%. Helping drag down the group were shares of Wabash National, off about 29.2% and shares of Faraday Future Intelligent Electric off about 6.5% on the day.
Also lagging the market Wednesday are auto dealerships shares, down on the day by about 2.7% as a group, led down by Camping World Holdings, trading lower by about 18.5% and TrueCar, trading lower by about 6%.
VIDEO: Wednesday Sector Laggards: Vehicle Manufacturers, Auto Dealerships
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Wednesday Sector Laggards: Vehicle Manufacturers, Auto Dealerships

In trading on Tuesday, auto dealerships shares were relative leaders, up on the day by about 1.8%. Leading the group were shares of TrueCar, up about 11.1% and shares of Rivian Automotive up about 6.8% on the day.
Also showing relative strength are textiles shares, up on the day by about 1.7% as a group, led by PVH, trading higher by about 16.3% and Levi Strauss, trading higher by about 4.4% on Tuesday.
VIDEO: Tuesday Sector Leaders: Auto Dealerships, Textiles
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tuesday Sector Leaders: Auto Dealerships, Textiles

TrueCar (TRUE) reported $46.54 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 13.1%. EPS of -$0.03 for the same period compares to -$0.05 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $45.82 million, representing a surprise of +1.59%. The company has not delivered EPS surprise, with the consensus EPS estimate being -$0.03.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how TrueCar performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Monetization: $490 versus $521.94 estimated by two analysts on average.
Units: 95 thousand compared to the 87.66 thousand average estimate based on two analysts.
Revenues- OEM incentives revenue: $4.40 million compared to the $5.05 million average estimate based on two analysts. The reported number represents a change of -11% year over year.
Revenues- Dealer revenue: $42 million versus the two-analyst average estimate of $40.62 million. The reported number represents a year-over-year change of +16.5%.
View all Key Company Metrics for TrueCar here>>>
Shares of TrueCar have returned +17.3% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report
TrueCar, Inc. (TRUE) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

TrueCar (TRUE) Reports Q3 Earnings: What Key Metrics Have to Say

HealthStream (HSTM) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 58.33%. A quarter ago, it was expected that this provider of internet-based educational and training content for health care professionals would post earnings of $0.12 per share when it actually produced earnings of $0.14, delivering a surprise of 16.67%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
HealthStream, which belongs to the Zacks Internet - Services industry, posted revenues of $73.1 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 0.59%. This compares to year-ago revenues of $70.34 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
HealthStream shares have added about 6.7% since the beginning of the year versus the S&P 500's gain of 23%.
What's Next for HealthStream?
While HealthStream has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for HealthStream: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.14 on $74.55 million in revenues for the coming quarter and $0.56 on $292.39 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Services is currently in the top 29% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
TrueCar (TRUE), another stock in the same industry, has yet to report results for the quarter ended September 2024.
This provider of localized information on new car costs is expected to post quarterly loss of $0.03 per share in its upcoming report, which represents a year-over-year change of +40%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
TrueCar's revenues are expected to be $45.86 million, up 11.4% from the year-ago quarter.
Should You Invest in HealthStream, Inc. (HSTM)?
Before you invest in HealthStream, Inc. (HSTM), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report
HealthStream, Inc. (HSTM) : Free Stock Analysis Report
TrueCar, Inc. (TRUE) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

HealthStream (HSTM) Surpasses Q3 Earnings Estimates

TrueCar (TRUE) reported $41.05 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 11%. EPS of -$0.04 for the same period compares to -$0.16 a year ago.
The reported revenue represents a surprise of -0.37% over the Zacks Consensus Estimate of $41.21 million. With the consensus EPS estimate being -$0.04, the company has not delivered EPS surprise.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how TrueCar performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Monetization: $518 versus the two-analyst average estimate of $538.35.
Units: 79 thousand versus 76.41 thousand estimated by two analysts on average.
Revenues- OEM incentives revenue: $4.90 million compared to the $4.50 million average estimate based on two analysts. The reported number represents a change of +390% year over year.
Revenues- Dealer revenue: $36 million compared to the $36.66 million average estimate based on two analysts. The reported number represents a change of +0.6% year over year.
View all Key Company Metrics for TrueCar here>>>
Shares of TrueCar have returned -15% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Only $1 to See All Zacks' Buys and Sells
We're not kidding.
Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.
Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 228 positions with double- and triple-digit gains in 2023 alone.
See Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

TrueCar (TRUE) Reports Q1 Earnings: What Key Metrics Have to Say

DoorDash, Inc. (DASH) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.63 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -160%. A quarter ago, it was expected that this company would post a loss of $0.45 per share when it actually produced a loss of $0.19, delivering a surprise of 57.78%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
DoorDash, Inc., which belongs to the Zacks Internet - Services industry, posted revenues of $2.3 billion for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 2.62%. This compares to year-ago revenues of $1.82 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
DoorDash, Inc. Shares have added about 21.4% since the beginning of the year versus the S&P 500's gain of 4.8%.
What's Next for DoorDash, Inc.
While DoorDash, Inc. Has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for DoorDash, Inc. Mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.15 on $2.43 billion in revenues for the coming quarter and -$0.31 on $10.13 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Services is currently in the top 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, TrueCar (TRUE), is yet to report results for the quarter ended December 2023. The results are expected to be released on February 20.
This provider of localized information on new car costs is expected to post quarterly loss of $0.03 per share in its upcoming report, which represents a year-over-year change of +82.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
TrueCar's revenues are expected to be $41.5 million, up 13.2% from the year-ago quarter.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s credited with a “watershed medical breakthrough” and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows.
It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

DoorDash, Inc. (DASH) Reports Q4 Loss, Tops Revenue Estimates

Adds dividend in paragraph 3, outlook in paragraph 4, background in paragraphs 5-6
OSLO, Feb 7 (Reuters) - Norwegian telecoms operator Telenor TEL.OL on Wednesday reported fourth-quarter core operating earnings in line with expectations and said it expected low single-digit organic sales growth in Nordic service revenues in 2024.
Adjusted earnings before interest, tax, depreciation and amortisation for October-December rose to 8.5 billion crowns ($804.41 million) from 8.0 billion a year earlier, while analysts in a company-provided poll on average had expected 8.6 billion.
Telenor proposed a dividend of 9.50 crowns per share for 2023, up from 9.40 crowns for 2022.
In 2024, and for its core Nordic markets, the company said for the first time it expected low single-digit organic growth in service revenues, mid-single digit organic growth in EBITDA and a capital-expenditure-to-sales ratio of around 17%.
The Norwegian group in December announced the planned sale of its Pakistan unit for 5.3 billion crowns.
On Monday Telenor said it would book an 8.04 billion crown non-cash impairment related to its stake in True Corp TRUE.BK after the share price of the Thai company had fallen.
($1 = 10.5667 Norwegian crowns)
(Reporting by Gwladys Fouche; Editing by Anna Ringstrom and Michael Perry)
((gwladys.fouche@thomsonreuters.com))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Telenor Q4 core profit in line with expectations

In trading on Thursday, oil & gas exploration & production shares were relative laggards, down on the day by about 3.5%. Helping drag down the group were shares of Tellurian, off about 7% and shares of Antero Resources down about 6.3% on the day.
Also lagging the market Thursday are auto dealerships shares, down on the day by about 3.5% as a group, led down by Rivian Automotive, trading lower by about 6.2% and Truecar, trading lower by about 6.2%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
P/E	0.00 15.04
Price/Sales	0.79 0.99
P/B	1.11 1.44
P/FCF	0.00 11.54

Indicator	TTM Median
ROE	0.00 13.09
ROA	0.00 4.76
ROI	0.00 6.69
Net Worth	0.12 0.77
Quick Ratio	0.00 0.94
Current Ratio	4.71 1.25

Indicator	TTM Median
Net Profit Margin	0.00 9.66
Operating Margin	0.00 14.22
Gross Margin	82.22 54.08
Return on tangible equity	0.00 25.55

Indicator	TTM Median
EPS	0.07 0.25
EPS Forecast	0.06 0.22
Revenue	45.00M 89.00M
Gross Profit	36.00M —
EBITDA	-3.00M —

TrueCar, Inc.

Fundamental TRUE

Valuation

Debts

Efficiency

Other ratios

Revenue