Cars.com Inc expected to post earnings of 11cents a share - Earnings Preview

Cars.com

01/11/2022 18:33

* Cars.com Inc  CARS.N   CARS.K  is expected to show a rise
in
quarterly revenue when it reports  results on November 3. 
    * The Chicago Illinois-based  company is expected to report 
a
5.2% increase in revenue to $164.653 million from $156.55
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
August 3 2022, for the period ended September 30, was for
revenue between $163.50 million and $165.50 million.
    * ​Refinitiv's mean analyst estimate for Cars.com Inc is for
earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Cars.com
Inc is
$18.5​, above​ its last closing price of $13.88. ​​​

The company's guidance on August 3 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD163.5 million and
USD51.305 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.48        0.26       0.47      Beat    84.3
 Mar. 31 2022  0.42        0.26       0.15      Missed  -43.2
 Dec. 31 2021  0.44        0.45       0.17      Missed  -62.4​
 Sep. 30 2021  0.44        0.42       0.43      Beat    3.2
 ​​Jun.        0.42        0.41       0.49      Beat    20
 30 2021                                                
 Mar. 31 2021  0.36        0.36       0.47      Beat    30.7​
 Dec. 31 2020  0.45        0.45       0.09      Missed  -80.1
 Sep. 30 2020  0.40        0.39       0.50      Beat    29.3
 This summary was machine generated November 1 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated