Cars.com Inc expected to post earnings of 9cents a share - Earnings Preview

Cars.com

21/02/2023 19:34

* Cars.com Inc  CARS.N   CARS.K  is expected to show a rise
in
quarterly revenue when it reports  results on February 23. 
    * The Chicago Illinois-based  company is expected to report 
a
5.0% increase in revenue to $166.23 million from $158.31 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on November 3
2022, for the period ended December 31, was for revenue between
$165.00 million and $167.00 million.
    * ​Refinitiv's mean analyst estimate for Cars.com Inc is for
earnings of 9 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
$20​, above​ its last closing price of $17.55. ​​​

The company's guidance on November 3 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD165 million and
USD50.1 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  
 Sep. 30 2022  0.10        0.11       -0.04     Missed  -139.1
 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.        0.44        0.42       0.43      Beat    3.2
 30 2021                                                
 Jun. 30 2021  0.42        0.41       0.49      Beat    20​
 Mar. 31 2021  0.36        0.36       0.47      Beat    30.7
 Dec. 31 2020  0.45        0.45       0.09      Missed  -80.1
 This summary was machine generated February 21 at 19:34 GMT. 
All figures in US dollars  unless otherwise stated