Cars.com CARS reported its Q1 earnings results on Thursday, May 4, 2023 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Cars.com beat estimated earnings by 183.33%, reporting an EPS of $0.17 versus an estimate of $0.06.
Revenue was up $8.86 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 0.51% increase in the share price the next day.
Here's a look at Cars.com's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.09 | |||
EPS Actual | 0.15 | -0.04 | 0.08 | 0.06 |
Revenue Estimate | 166.23M | 164.65M | 161.79M | 158.01M |
Revenue Actual | 168.20M | 164.59M | 162.87M | 158.21M |
To track all earnings releases for Cars.com visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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