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 ...

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 ...

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 ...

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 ...

Automotive Advertisers Volkswagen, Kia, Toyota and BMW See an Average Traffic Spike of 235% on Cars.com During Last Night's Big Game CHICAGO, Feb. 12, 2024 /PRNewswire/ -- Automakers that bet big on prime-time advertising were among the winners of last night's nail-biting Big Game with significant spikes in consumer traffic to their pages on car-shopping marketplace Cars.com® (NYSE: CARS). Kia, Toyota, Volkswagen and BMW made waves with prime-time commercials highlighting electric vehicles and pickup trucks ...

Cars.com Automotive Experts Call This Year's Feature-Filled Winners "Pin-You-to-Your-Seat Fun," "Massive Marriage Saver" and "A New Bar for What Consumers Should Expect" CHICAGO, Feb. 7, 2024 /PRNewswire/ -- Car-shopping marketplace Cars.com® (NYSE: CARS) today announced the winners of its annual Best Of Awards, which recognize the top vehicles in six categories: Best Family Car, Best Luxury Car, Best SUV, Best Electric Vehicle, Best Pickup Truck and the highest honor: Best Car of the Year. This year, Chevr ...

CHICAGO, Jan. 30, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc."), an audience-driven technology company empowering automotive, today shared the top three dealer pain points in 2024 and how the company plans to help its customers solve these challenges to unleash growth. This news comes ahead of the 2024 NADA Show in Las Vegas Feb. 2-4, where dealers and partners can experience the Cars Commerce platform and its connected solutions live in booth #3421W. "The challenges our indus ...

CHICAGO, Jan. 24, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc."), an audience-driven technology company empowering automotive, today announced that FordDirect has selected AccuTrade, a Cars Commerce solution, as its preferred vehicle acquisition and trade and appraisal solution for The Shop, a newly launched e-commerce platform for 3000+ Ford dealers and Lincoln retailers. More than half of car buyers plan to trade-in a vehicle prior to purchase, and AccuTrade speeds transactio ...