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

Cars.com

03/08/2023 14:35

* Cars.com Inc  CARS.N  reported quarterly adjusted earnings
of
$1.37​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
10 cents per share.
    * Revenue rose 3.3% to $168.18 million from a year ago;
analysts
expected $169.03 million. 
    * Cars.com Inc's reported EPS for the quarter was $1.37​.
    * The mean earnings estimate of analysts had risen by
about 15.6%
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 13.2% this quarter and
gained 62.9% so far this year.
    * The company reported quarterly net income of $94.13
million.
    * Wall Street's median 12-month price target for Cars.com
Inc is
$23.00 
    * 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 LSEG Refinitiv data
August 3 at 01:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.10           1.37           Beat
 Mar. 31 2023      0.06           0.17           Beat
 Dec. 31 2022      0.09           0.15           Beat
 Sep. 30 2022      0.11           -0.04          Missed