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

Cars.com

05/05/2022 18:57

* Cars.com Inc  CARS.N  reported quarterly adjusted earnings
of 15
cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
44 cents per share.
    * Revenue rose 3.2% to $158.21 million from a year ago; 
analysts
expected $158.01 million. 
    * Cars.com Inc's reported EPS for the quarter was 6 cents​.
    * The mean earnings estimate of analysts had fallen by
about 10%
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 fallen by 19.0% this quarter and
lost 27.3% so far this year.
    * The company reported quarterly net income of $4.34
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 May 5 at 05:57 p.m.  ​All
figures in US dollars unless otherwise stated