Cars.com Inc reports results for the quarter ended June 30 - Earnings Summary
Cars.com Inc reports results for the quarter ended June 30 - Earnings Summary
Cars.com Inc CARS.N reported quarterly adjusted earnings of 25 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of seven analysts for the quarter was for earnings of 27 cents per share. Wall Street expected results to range from 12 cents to 45 cents per share.
Revenue rose 0.7% to $179.93 million from a year ago; analysts expected $180.54 million.
Cars.com Inc's reported EPS for the quarter was 25 cents.
The company reported quarterly net income of $14.26 million.
Cars.com Inc shares had risen by 8.2% this quarter and lost 3.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 22.7% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"
Wall Street's median 12-month price target for Cars.com Inc is $13.50, about 12.3% above its last closing price of $11.84
This summary was machine generated from LSEG data August 6 at 01:32 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.27 | 0.25 | Missed |
Mar. 31 2026 | 0.13 | 0.08 | Missed |
Dec. 31 2025 | 0.22 | 0.12 | Missed |
Sep. 30 2025 | 0.16 | 0.12 | Missed |
Recent news on Cars.com
See all newsCars.com Inc reports results for the quarter ended June 30 - Earnings Summary
Cars.com Q2 profit beats estimates, reaffirms 2026 outlook
Cars.com's Q1 revenue rises 1%, swings to profit
Brief: Cars.Com Provides Update On Business Initiatives, Raises Share Repurchase Target And Reaffirms Guidance
U.S. RESEARCH ROUNDUP-Cars.Com, Dell, Zscaler