Cars.com Inc.

CARS

US14575E1055

Internet Services

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
17.02 ^USD	+0.77%		+3.53%	-10.28%

Mar. 11	Cars.com Insider Sold Shares Worth $299,663, According to a Recent SEC Filing	MT
Mar. 07	Cars.com Insider Sold Shares Worth $293,431, According to a Recent SEC Filing	MT

Cars.com Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 22, 2024 at 07:30 am EST

Cars.com Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 176.8 million compared to USD 163.75 million a year ago. Revenue was USD 179.61 million compared to USD 168.2 million a year ago.

Net income was USD 8.35 million compared to USD 10.26 million a year ago. Basic earnings per share from continuing operations was USD 0.13 compared to USD 0.15 a year ago. Diluted earnings per share from continuing operations was USD 0.12 compared to USD 0.15 a year ago.

Latest news about Cars.com Inc.

Cars.com Insider Sold Shares Worth $299,663, According to a Recent SEC Filing	Mar. 11	MT
Cars.com Insider Sold Shares Worth $293,431, According to a Recent SEC Filing	Mar. 07	MT
Tranche Update on Cars.com Inc.'s Equity Buyback Plan announced on February 24, 2022.	Feb. 22	CI
Cars.com Shares Down After Q4 Earnings Fall	Feb. 22	MT
Transcript : Cars.com Inc., Q4 2023 Earnings Call, Feb 22, 2024	Feb. 22
Earnings Flash (CARS) CARS COMMERCE Reports Q4 Revenue $179.6M, vs. Street Est of $178.4M	Feb. 22	MT
Cars.com Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024	Feb. 22	CI
Cars.com Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 22	CI
Cars.com Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 22	CI
Cars.com Insider Sold Shares Worth $335,654, According to a Recent SEC Filing	Feb. 16	MT
Cars.com Insider Sold Shares Worth $335,654, According to a Recent SEC Filing	Feb. 14	MT
Cars.com Insider Sold Shares Worth $745,538, According to a Recent SEC Filing	Nov. 15	MT
Cars.com Insider Sold Shares Worth $267,254, According to a Recent SEC Filing	Nov. 13	MT
Cars.com Insider Sold Shares Worth $183,703, According to a Recent SEC Filing	Nov. 13	MT
UBS Trims Cars.com Price Target to $19 From $20, Maintains Neutral Rating	Nov. 03	MT
B. Riley Lifts Cars.com's PT to $27 From $26 After Better-Than-Expected Q3 Results, Q4 Margin View; Keeps Buy Rating	Nov. 03	MT
Cars.com Buys D2C Media	Nov. 02	MT
Transcript : Cars.com Inc., Q3 2023 Earnings Call, Nov 02, 2023	Nov. 02
Tranche Update on Cars.com Inc.'s Equity Buyback Plan announced on February 24, 2022.	Nov. 02	CI
Cars.Com Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023	Nov. 02	CI
Earnings Flash (CARS) CARS.COM Posts Q3 Revenue $174.3M, vs. Street Est of $173M	Nov. 02	MT
Cars.com Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 02	CI
Cars.com Inc. acquired D2C Media Inc. for approximately $110 million.	Nov. 01	CI
Cars.com Rebrands Itself as Cars Commerce	23-10-17	MT
JPMorgan Adjusts Price Target on Cars.com to $25 From $24, Maintains Overweight Rating	23-10-16	MT

Chart Cars.com Inc.

Duration

Period

More charts

Company Profile

Cars.com Inc., doing business as Cars Commerce Inc., is an audience-driven technology company. It is engaged in car buying and selling with products, solutions and artificial intelligence (AI)-driven technologies that span pretail, retail and post-sale activities. The Cars Commerce platform is organized around four brands: the flagship automotive marketplace and dealer reputation site Cars.com, digital retail technology and marketing services from Dealer Inspire, essential trade-in and appraisal technology from AccuTrade, and media solutions from the Cars Commerce Media Network. It enables shoppers with the data, resources and digital tools needed to make informed buying decisions and connect with automotive retailers. Cars.com enables dealerships and original equipment manufacturers with solutions and data-driven intelligence. Its products and solutions have attracted approximately 19,500 franchise and independent dealer customers across the United States and Canada to its platform.

Sector

Internet Services

Calendar

2024-05-09 - Q1 2024 Earnings Release

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Cars.com Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

17.02 USD

Average target price

24.08 USD

Spread / Average Target

+41.50%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Internet Services

	1st Jan change	Capi.
CARS.COM INC.	-10.28%	1.13B
TENCENT HOLDINGS LIMITED	+18.66%	414B
NETFLIX, INC.	+15.27%	242B
AIRBNB, INC.	+20.63%	104B
PROSUS N.V.	+17.19%	83.87B
SPOTIFY TECHNOLOGY S.A.	+54.11%	57.64B
DOORDASH, INC.	+33.59%	53.37B
COSTAR GROUP, INC.	+6.02%	37.83B
NASPERS LIMITED	+15.88%	34.11B
PINTEREST, INC.	-8.32%	23.18B

Other Internet Services

Cars.com Inc.

Equities

CARS

US14575E1055

Internet Services

Cars.com Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

EPS Revisions