Cars.com: Q1 Earnings Insights

Shares of Cars.com CARS rose 15% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share rose 3.23% over the past year to $0.32, which beat the estimate of $0.24.

Revenue of $148,094,000 lower by 3.96% year over year, which beat the estimate of $144,270,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: May 06, 2020

Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.cars.com%2Foverview%2Fdefault.aspx&eventid=2157316&sessionid=1&key=A55479C1060F8B17B42CDA81376BA988&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $23.08

Company's 52-week low was at $3.25

Price action over last quarter: down 44.65%

Company Description

Cars.com Inc is an online destination for buying and selling of new and used vehicles. The company also operates Auto.com, DealerRater.com, NewCars.com and PickupTrucks.com, websites directed towards different consumer segments.