Despite Inflation and Interest Rate Concerns, Half of Americans Are Planning Major Purchases in 2024 CHICAGO, April 16, 2024 /PRNewswire/ -- In its second annual Affordability Report released today, car-shopping marketplace Cars.com® (NYSE: CARS) reveals a retail environment that is more accessible to consumers than it has been for months, and in some cases, years. Cars.com's 2024 Affordability Report is a comprehensive, data-driven resource for cost-conscious car shoppers that offers insights into consumer ...

New Cars.com Utility Puts in Data from Over Two Million Vehicle Listings in the Hands of Consumers and Allows Them to Easily Track Their Vehicle's Value Over Time1 Your Garage Launches Alongside Dynamic 30-Second Ad and Engaging Social, Radio Content CHICAGO, April 2, 2024 /PRNewswire/ -- Car-shopping marketplace Cars.comⓇ (NYSE: CARS) unveils Your Garage, a powerful tool designed to provide car owners with the ability to track the value of their vehicle over time so they can make a more informed decision. ...

Over 1 Million Consumer Reviews Show Responsiveness, Accountability Are Keys to Delivering Excellent Dealership Experience CHICAGO, March 6, 2024 /PRNewswire/ -- Car-shopping marketplace and dealer reputation site Cars.com® (NYSE: CARS) — home to more than 13 million dealership reviews, the most industrywide — today unveiled the winners of its annual Dealer of the Year Awards (DOTY), presented annually to the top automotive dealers. Out of the more than 50,000 U.S. and Canadian auto dealers with profiles, 9 ...

Key PointsCars.com and Carvana delivered two distinctly different earnings reports that say more about each company's business model than its status as an investment. The latest reading on consumer sentiment was weaker than expected, throwing yet another curveball at the market. While both stocks present concerns, analysts give CARS stock more upside, but a rate cut or two could change that.  5 stocks we like better than CarvanaCars.com Inc. NYSE: CARS and Carvana Co. NYSE: CVNA are two different ways to pl ...

| --- | --- | |-------------------------|-------| | | | | | | | | | | | | | Fourth Quarter and | | | Full Year 2023 Earnings | | | February 22, 2024 | | | | | | | | Forward-looking Statements This presentation contains "forward-looking statements" within the meaning of the federal securities laws. All statements other than statements of historical facts are forwardlooking statements. These statements often use words such as "believe," "expect," "project," "anticipate," "outlook," "intend," "strategy," "plan ...

Great. Thanks for taking the questions. I guess first off on OEM, I guess, the OEM component of the OEM and National entity, you said up 24% in the quarter. Sonia or Alex, can you remind us when like the insurance advertisers that kind of cut spending, when do we fully lap that and can we think about OEM kind of continuing on that trajectory for kind of the balance of 2024? And then I guess maybe a slightly bigger picture one, I think you said you grew traffic 5% last year, revenues also grew 5%. Can you ju ...

For the quarter ended December 2023, Cars.com (CARS) reported revenue of $179.61 million, up 6.8% over the same period last year. EPS came in at $0.12, compared to $0.15 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $178.51 million, representing a surprise of +0.61%. The company delivered an EPS surprise of -40.00%, with the consensus EPS estimate being $0.20.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...

Cars.com (CARS) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -40%. A quarter ago, it was expected that this online automotive marketplace would post earnings of $0.10 per share when it actually produced earnings of $0.07, delivering a surprise of -30%.Over the last four quarters, t ...

Cars.com Reports Fourth Quarter and Full Year 2023 Results Exceeded Fourth Quarter Guidance, Delivered 7% Year-Over-Year Revenue Growth Achieved 7% Year-Over-Year ARPD Growth coupled with Strong Fourth Quarter OEM Performance Generated $137MM of Annual Cash Flows From Operating Activities Q4 2023 Financial and Key Metric Highlights • Net income of $8.3 million, or $0.12 per diluted share, compared to Net Income of $10.3 million, or $0.15 per diluted share, in the prior year • Adjusted EBITDA of $55.4 millio ...

Securities registered pursuant to Section 12(b) of the Act: FORM 10-K Delaware 81-3693660 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 300 S. Riverside Plaza, Suite 1000 Chicago, IL 60606 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (312) 601-5000 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any ne ...