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Stock impact report

Cars.com Inc. Just Missed EPS By 88%: Here's What Analysts Think Will Happen Next [Yahoo! Finance]

Cars.com Inc. (CARS) 
Last cars.com inc. earnings: 2/26 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.cars.com/overview/default.aspx
Company Research Source: Yahoo! Finance
It looks like a pretty bad result, all things considered. Although revenues of US$180m were in line with analyst predictions, statutory earnings fell badly short, missing estimates by 88% to hit US$0.01 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. See our latest analysis for Cars.com Taking into account the latest results, the current consensus from Cars.com's seven analysts is for revenues of US$737.1m in 2024. This would reflect a satisfactory 5.0% increase on its revenue over the past 12 months. Statutory earnings per share are forecast to plunge 72% to US$0.45 in the same period. Before this earnings report, the analysts had been forecasting revenues of US$736.7m and earni Show less Read more
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