Benzinga | Jan 13, 2022 11:49AM EST

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 2020EPS Estimate -0.040 -0.13 -0.04 -0.24EPS Actual -0.016 -0.16 -0.01 -0.02Revenue Estimate 18.87M 12.09M 14.25M 12.79MRevenue Actual 20.51M 12.35M 25.40M 14.73M

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