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Cars.com: Q1 Earnings Insights

Cars.com (NYSE:CARS) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:30 AM. Here’s what investors…
byBenzinga Insights
May 4, 2023
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Cars.com (NYSE: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.

 
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