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Cars.com Q2 2023 Earnings Report

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$11.82 +0.52 (+4.56%)
As of 03/11/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Cars.com EPS Results

Actual EPS
$1.37
Consensus EPS
$0.46
Beat/Miss
Beat by +$0.91
One Year Ago EPS
$0.08

Cars.com Revenue Results

Actual Revenue
$168.20 million
Expected Revenue
$168.97 million
Beat/Miss
Missed by -$770.00 thousand
YoY Revenue Growth
+3.30%

Cars.com Announcement Details

Quarter
Q2 2023
Time
Before Market Opens

Conference Call Resources

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Cars.com Earnings Headlines

Cars.com management to meet with BTIG
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Cars.com price target lowered to $15 from $20 at UBS
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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