Cars.com (NYSE:CARS) will release its quarterly earnings report on Thursday, 2024-11-07. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Cars.com to report an earnings per share (EPS) of $0.05.
Investors in Cars.com are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Overview of Past Earnings
The company's EPS beat by $0.27 in the last quarter, leading to a 0.24% increase in the share price on the following day.
Here's a look at Cars.com's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.11 | 0.09 | 0.16 | 0.10 |
| EPS Actual | 0.38 | 0.43 | 0.12 | 0.07 |
| Price Change % | 0.0% | -6.0% | -3.0% | 8.0% |
Tracking Cars.com's Stock Performance
Shares of Cars.com were trading at $16.06 as of November 05. Over the last 52-week period, shares are down 13.19%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Cars.com visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
