Cars.com Inc reports results for the quarter ended March 31 - Earnings Summary

• Cars.com Inc CARS.N reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of five analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 4 cents to 20 cents per share.

• Revenue fell 0.6% to $179.02 million from a year ago; analysts expected $179.79 million.

• Cars.com Inc's reported EPS for the quarter was a loss of 3 cents​.

• The company reported a quarterly loss of $2.01 million.

• Cars.com Inc shares had risen by 0.4% this quarter and lost 34.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 14.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"

• Wall Street's median 12-month price target for Cars.com Inc is $17.75

This summary was machine generated from LSEG data May 8 at 02:09 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)