Exhibit 99.1 Cars.com Reports Second Quarter 2024 Results Revenue Grew 6% Year-over-Year and OEM and National Revenue Achieved Record 28% Year-Over-Year Growth Dealer Base Grew to 19,390 Customers While Sustaining Robust Average Revenue Per Dealer Generated $69MM of Year-To-Date Cash Flows From Operating Activities Targets Returning 50% of Second Half 2024 Free Cash Flow to Shareholders Through Share Repurchases Reaffirms Full Year Adjusted EBITDA Outlook and Updates Revenue Outlook CHICAGO, August 8, 2024 ...

Revenue Grew 6% Year-over-Year and OEM and National Revenue Achieved Record 28% Year-Over-Year Growth Dealer Base Grew to 19,390 Customers While Sustaining Robust Average Revenue Per Dealer Generated $69MM of Year-To-Date Cash Flows From Operating Activities Targets Returning 50% of Second Half 2024 Free Cash Flow to Shareholders Through Share Repurchases Reaffirms Full Year Adjusted EBITDA Outlook and Updates Revenue Outlook CHICAGO, Aug. 8, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Comm ...

The used market has followed a similar path. Over the last five years, the average price of used vehicles has surged by 34%, from $21,480 to $28,815, and the ongoing inventory shortage has created a competitive market with 1.5 million fewer used vehicles available. The first half of 2024 has offered some relief to buyers, as prices have decreased by 5% compared to the first half of 2023, saving consumers over $1,600. This decrease reflects a normalization from the peak prices seen in 2023, which were driven ...

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Revenues are expected to be $181.51 million, up 7.9% from the year-ago quarter. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. The Zacks Earnings ESP ...

CHICAGO, July 25, 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 second quarter ended June 30, 2024, on Thursday, August 8, 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 Office ...

Below are three undervalued stocks under $50 that have the ability to grow very fast. Let's dive in to see what sets them apart from their more expensive peers. Healthcare facility operator Select Medical Holdings (NYSE:SEM) is the first discounted stock to consider. The operator of long-term acute care and in-patient rehabilitation hospitals, occupational health, and physical therapy clinics is one of the biggest in the space. It operates 107 hospitals in 28 states, 33 rehab facilities in 13 states, over 1 ...

Therefore, the Zacks rating upgrade for Cars.com basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings es ...

10%.3 But 60% of Americans say that products need to be built in the U.S. by a company headquartered here to substantially contribute to the American economy.4 However, the success of Alabama's auto industry demonstrates that foreign investments are also playing a crucial role in supporting and growing local economies. Ford has 12 vehicles on the Index, assembled in Illinois, Kentucky, Michigan and Missouri. The Lincoln Corsair at No. 29 and Ford Mustang at No. 31 are Ford's highest-ranking vehicles. Contra ...

U.S.-Based Auto Production Facilities Are Up 144% Since 2020 Assembly Locations for the Top 10 Vehicles on Cars.com's 2024 American-Made Index Honda's Odyssey and Ridgeline — boasting the most American-made minivan and pickup truck — came in at No. 5 and No. 6., while the Toyota Camry and Jeep Gladiator each jumped 19 spots to land at No. 7 and No. 8. The Lexus TX makes a memorable entrance to the index, landing at No. 10. The complete list is available at Cars.com/AMI. Over 50% of Vehicles on Index Assembl ...

Key May Market Highlights On Average, Used Cars Cost About $20,000 Less Than New Vehicles — Largest Price Gap Since 2018 "The rise in new-car sales, especially during seasonal promotions like Memorial Day, boosts the used-car market. More new-car inventory means more new-car sales, which means more trade-ins, increasing used-car inventory and bringing prices down — and that's just what we're seeing this month," said Rebecca Lindland, senior director of industry data and insights at Cars Commerce. "On averag ...