Cars.com Inc expected to post earnings of 41 cents a share - Earnings Preview

Cars.com

03/08/2021 17:30

* Cars.com Inc  CARS.N   CARS.K  is expected to show a rise in
quarterly revenue when it reports results on August 5. 
* The Chicago, Illinois-based company is expected to report   a
49.9% increase in revenue to $152.941 million from $102.01
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Cars.com Inc is for
earnings of 41 cents per share. For the same quarter last year,
the company reported earnings of 12 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "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​, about 32.1% above​ its last closing price of $12.22. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Jun. 30 2020  -0.39       -0.38      0.12      Beat    131.7
 Mar.          0.24​       0.24       0.32      Beat    31​
 31​ 2020​                                              
 Dec. 31 2019  0.33        0.37       0.63      Beat    68.6​
 Sep. 30 2019  0.35        0.36       0.32      Missed  -12.1
 Jun. 30 2019  0.08        0.40       0.30      Missed  -24.4
 This summary was machine generated August 3 at 16:30 GMT.  All
figures in US dollars unless otherwise stated