Brief: Cars Reports First Quarter 2022 Results

Cars.com

05/05/2022 12:35

May 5 (Reuters) - Cars.com Inc  CARS.N :
    * CARS REPORTS FIRST QUARTER 2022 RESULTS
    * Q1 EARNINGS PER SHARE $0.06
    * Q1 REVENUE ROSE 3 PERCENT TO $158.2 MILLION
    * SEES FY REVENUE UP 6 TO 8 PERCENT
    * SEES Q2 REVENUE ABOUT $161 MILLION TO $163 MILLION
    * REAFFIRMS ITS FULL-YEAR REVENUE GUIDANCE OF 6% TO 8%
YEAR-OVER-YEAR GROWTH, WITH DOUBLE-DIGIT REVENUE GROWTH IN Q4
    * Q1 EARNINGS PER SHARE VIEW $0.44, REVENUE VIEW $158.0
MILLION --
REFINITIV IBES DATA
    * Q2 REVENUE VIEW $162.0 MILLION -- REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $663.4 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn7J97kYa 
Further company coverage:  CARS.N