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TuanChe: Q3 Earnings Insights

TuanChe (NASDAQ:TC) reported its Q3 earnings results on Thursday, January 13, 2022 at 02:00 AM.

Here's what investors need to know about the announcement.

Earnings

TuanChe missed estimated earnings by 86.67%, reporting an EPS of $-0.28 versus an estimate of $-0.15, which surprised analysts.

Revenue was up $5.25 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02, which was followed by a 10.2% drop in the share price the next day.

Here's a look at TuanChe's past performance:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020
EPS Estimate -0.040 -0.13 -0.04 -0.24
EPS Actual -0.016 -0.16 -0.01 -0.02
Revenue Estimate 18.87M 12.09M 14.25M 12.79M
Revenue Actual 20.51M 12.35M 25.40M 14.73M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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