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Cars.com Q1 2023 Earnings Report

Cars.com logo
$17.46 0.00 (0.00%)
(As of 05:15 PM ET)

Cars.com EPS Results

Actual EPS
$0.17
Consensus EPS
$0.12
Beat/Miss
Beat by +$0.05
One Year Ago EPS
$0.06

Cars.com Revenue Results

Actual Revenue
$167.10 million
Expected Revenue
$166.91 million
Beat/Miss
Beat by +$190.00 thousand
YoY Revenue Growth
+5.60%

Cars.com Announcement Details

Quarter
Q1 2023
Time
Before Market Opens

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Cars.com Earnings Headlines

Cars.com price target raised to $25 from $23 at BTIG
Has Trump Finally Gone Too Far?
Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
Cars.com: Strategic Positioning and Growth Potential Justify Buy Rating
Cars.com Contends With Uneven Dealer Demand (Downgrade)
See More Cars.com Headlines
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About Cars.com

Cars.com (NYSE:CARS), through its subsidiaries, operates as a digital automotive marketplace that connects local car dealers to consumers in the United States. The company offers a suite of digital solutions that creates connections between individuals researching cars or looking to purchase a car with car dealerships and automotive original equipment manufacturers. It also sells online subscription advertising products to car dealerships by its direct sales force, as well as through its affiliate sales channel. In addition, the company sells display advertising to national advertisers. Further, it offers online automotive marketplace service that connects buyers and sellers through Cars.com, Auto.com, DealerRater.com, NewCars.com, PickupTrucks.com, DealerInspire.com, and LaunchDigitalMarketing.com Websites. Its platform hosts approximately 4.9 million new and used vehicle listings and serves approximately 20,000 franchise and independent car dealers. Cars.com Inc. was founded in 1998 and is headquartered in Chicago, Illinois.

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