Market Overview

Cars.com: Q3 Earnings Insights

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Shares of Cars.com (NYSE:CARS) rose 2.4% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 56.25% year over year to $0.50, which beat the estimate of $0.39.

Revenue of $144,392,000 declined by 5.06% from the same period last year, which beat the estimate of $140,040,000.

Outlook

Cars.com hasn't issued any earnings guidance for the time being.

Cars.com hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Nov 09, 2020

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.cars.com%2F&eventid=2625010&sessionid=1&key=46C294C27188F356E9CC6C18B1F84841&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $13.55

52-week low: $3.25

Price action over last quarter: Up 17.61%

Company Overview

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.

 

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Posted-In: Earnings News