Does Earnings Surprise History Hold Any Clue for Tuanche Stock Forecast, Price & News (NYSE:TC)

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Earnings results for Tuanche Stock Forecast, Price & News (NYSE:TC)

TuanChe Limited is estimated to report earnings on 09/08/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $-0.2.

Tuanche last announced its quarterly earnings data on July 2nd, 2020. The reported ($0.68) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.85) by $0.17. The company earned $1.37 million during the quarter. Tuanche has generated $0.00 earnings per share over the last year. Tuanche has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, September 8th, 2020 based off prior year’s report dates.

Analyst Opinion on Tuanche Stock Forecast, Price & News (NYSE:TC)

1 Wall Street analysts have issued ratings and price targets for Tuanche in the last 12 months. Their average twelve-month price target is $3.00, predicting that the stock has a possible upside of 157.51%. The high price target for TC is $3.00 and the low price target for TC is $3.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Tuanche has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $3.00, Tuanche has a forecasted upside of 157.5% from its current price of $1.17. Tuanche has received no research coverage in the past 90 days.

Dividend Strength: Tuanche Stock Forecast, Price & News (NYSE:TC)

Tuanche does not currently pay a dividend. Tuanche does not have a long track record of dividend growth.

Insiders buying/selling: Tuanche Stock Forecast, Price & News (NYSE:TC)

In the past three months, Tuanche insiders have not sold or bought any company stock.

Earnings and Valuation of Tuanche Stock Forecast, Price & News (NYSE:TC

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