Cars.com Inc. (NYSE:CARS) Q3 2024 Results Conference Call November 7, 2024 9:00 AM ET Company Participants Catherine Chen - Vice President, Investor Relations Alex Vetter - Chief Executive Officer Sonia Jain - Chief Financial Officer Conference Call Participants Naved Khan - B. Riley Tom White - Davidson Zach Walljasper - UBS Gary Prestopino - Barrington Research Marvin Fong - BTIG Operator Good morning, ladies and gentlemen, and welcome to the Cars Third Quarter 2024 Conference Call. [Operator Instructions ...

j UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 b For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-37869 Cars.com Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 81-3693660 (State or other jurisdiction of incorporation or organization) (I.R.S. ...

Cars.com (CARS) reported $179.65 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 3.1%. EPS of $0.41 for the same period compares to $0.07 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $179.37 million, representing a surprise of +0.16%. The company delivered an EPS surprise of -6.82%, with the consensus EPS estimate being $0.44.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...

Cars.com (CARS) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.82%. A quarter ago, it was expected that this online automotive marketplace would post earnings of $0.47 per share when it actually produced earnings of $0.38, delivering a surprise of -19.15%.Over the last four quarte ...

Exhibit 99.1 Cars.com Reports Third Quarter 2024 Results Revenue Grew 3% Year-over-Year, with OEM and National Revenue Achieving 17% Year-over-Year Growth Platform Growth Driven by AccuTrade, D2C Media, and VIN Performance Media Products Generated $123MM of Year-To-Date Net Cash Provided by Operating Activities, up 34% Year-over-Year Repurchased 1.2 Million Shares, Representing 45% of Quarterly Free Cash Flow CHICAGO, November 7, 2024 -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc." or the "Company ...

CHICAGO, Oct. 24, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc" or the "Company"), an audience-driven technology company empowering the automotive industry, today announced that it expects to report its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results.The conference call will be hosted by Chief Executive O ...

The Automotive Market Sees a Shift as Stellantis Brands Cut Prices While Toyota and Honda Face Strong DemandCHICAGO, Oct. 21, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce."), an audience-driven technology company empowering the automotive industry, outlines shifts in the automotive industry in its September Industry Insights Report. This comprehensive report, crafted by Cars Commerce's expert data analysts, delves into macro and micro automotive market insights by analyzing supply, ...

Used Car Buyers Need to be Aware and Watch for Signs of Flood-Damaged Cars CENTREVILLE, Va., Oct. 17, 2024 /PRNewswire/ -- Hurricane Helene left as many as 138,000 vehicles flood damaged after it tore through at least six states, CARFAX estimates. Floodwaters swamped communities in Florida, Georgia, North and South Carolina, Virginia and Tennessee. That's on top of the estimated up to 89,000 vehicles already hit with water damage so far this year, according to CARFAX estimates. Thousands of these flood dama ...

Release Date: August 08, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Cars.com Inc (CARS, Financial) reported a 6% year-over-year increase in Q2 revenue, marking the 15th consecutive quarter of revenue growth. OEM and national performance was particularly strong, with a 28% year-over-year increase, driven by increased demand from both new and existing partners. The company achieved record free cash flow of $56 million for the first ...

Used Car Shoppers Need to Watch for Telltale Signs of Water Damage CENTREVILLE, Va., Sept. 24, 2024 /PRNewswire/ -- We're halfway through Hurricane Season for 2024 and already tens of thousands of cars are at risk of suffering extensive water damage, CARFAX data shows. After a series of tropical storms and hurricanes hit the U.S. from June through August, CARFAX estimates that extensive flooding from Texas to Vermont has left as many as 89,000 vehicles with water damage. That's on top of the estimated 454,0 ...