Cars.com Inc reports results for the quarter ended in December - Earnings Summary

Cars.com

23/02/2023 15:54

* Cars.com Inc  CARS.N  reported quarterly adjusted earnings
of 15
cents​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for earnings
of 9 cents per share.
    * Revenue rose 6.3% to $168.20 million from a year ago;
analysts
expected $166.23 million. 
    * Cars.com Inc's reported EPS for the quarter was 15 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Cars.com Inc shares had risen by 26.3% this quarter.
    * The company reported quarterly net income of $10.26
million.
    * Wall Street's median 12-month price target for Cars.com
Inc is
$20.00 
    * 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." 

This summary was machine generated from Refinitiv data February
23 at 03:53 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.09           0.15           Beat
 Sep. 30 2022      0.11           -0.04          Missed
 Jun. 30 2022      0.26           0.47           Beat
 Mar. 31 2022      0.26           0.15           Missed