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

Cars.com

03/11/2022 14:51

* Cars.com Inc  CARS.N  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for earnings
of 11 cents per share.
    * Revenue rose 5.1% to $164.60 million from a year ago;
analysts
expected $164.65 million. 
    * Cars.com Inc's reported EPS for the quarter was a loss
of 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 38.2%
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 12.0% this quarter and
lost 20.0% so far this year.
    * The company reported a quarterly loss of $2.94 million.
    * Wall Street's median 12-month price target for Cars.com
Inc is
$18.50 
    * 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 November
3 at 02:51 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.11           -0.04          Missed
 Jun. 30 2022      0.26           0.47           Beat
 Mar. 31 2022      0.26           0.15           Missed
 Dec. 31 2021      0.45           0.17           Missed