Cars.com

Cars.com, Inc. engages in the provision of automotive products and services through online automotive classifieds. It sells online subscription advertising products to car dealerships. The company was founded by Mitch Golub, William Swislow, and Alex Vetter in 1998 and is headquartered in Chicago, IL.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q1 2024

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Cars.com reports robust 2022 performance, eyes growth amidst challenges

Cars.com's strong financial performance in 2022 underscores its market resilience and strategic positioning.
While cautious about certain revenue streams, the company anticipates growth opportunities in dealer revenue and advertising.
Maintaining a disciplined capital allocation approach and focus on free cash flow generation bode well for future financial health.

Cars.com reports 6% revenue growth in Q1 2023 earnings call

Cars.com delivered solid Q1 2023 results with revenue growth and adjusted EBITDA margin exceeding expectations.
While facing challenges such as increased operating expenses and a slight decline in dealer customers, the company remains optimistic about future growth.
By focusing on new product offerings, customer retention, and cost management, Cars.com aims to sustain revenue growth and improve profitability.

Cars.com reports solid Q2 earnings, eyes new revenue streams

Cars.com delivered a strong Q2 performance with revenue growth, EBITDA margin improvement, and successful marketplace initiatives.
Despite challenges in EV demand and market dynamics, opportunities lie in new revenue streams and strong feedback for future growth.
Financially sound with debt reduction and share repurchases, Cars.com is well-positioned for growth and investor confidence.
Strategic AI integration, successful branding, and credit rating upgrade showcase Cars.com's resilience and market adaptability.

Cars.com reports solid Q3 growth, eyes M&A and digital strategies

Cars.com's Q3 earnings reflect steady growth post-COVID, driven by investments in business resilience. The company's focus on organic traffic, website solutions, and technology positions it well for future success amidst evolving market challenges and opportunities.

Cars.com reports robust Q4 earnings, eyes growth amidst challenges

Cars.com's Q4 2023 showcased strong financials and operational growth, exceeding expectations.
Strategic initiatives and strong customer engagement position the company for continued success.
Challenges in integrating acquisitions and balancing profitability require careful navigation.
Opportunities in cost advantages, endorsements, and market interest pave the way for future growth.

Cars.com reports robust Q1 earnings, eyes growth through OEM investments

Cars.com's Q1 2024 performance showcased revenue growth, strong EBITDA margin, and customer base expansion.
While facing challenges like attrition and acquisition impacts, the company leverages opportunities in OEM investments and product adoption.
Strengthening advertising tied to EVs and upcoming investor engagements highlight strategic focus areas for future growth.
Overall, Cars.com's diversified approach and product successes position it well for continued growth and market relevance.

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Cars.com, Inc. engages in the provision of an automotive marketplace platform and digital solutions that connect car shoppers with sellers. Its portfolio of brands includes Dealer Inspire, FUEL, DealerRater, CreditIQ, and NewCars.com. The company was founded by Mitch Golub, William Swislow, and T. Alex Vetter in 1998 and is headquartered in Chicago, IL.

Cars.com is trading in the bargain basement. I conservatively estimate that Cars.com's free cash flow can reach $100 million in 2020.

Cars.com: This Unknown Car Marketplace Makes Huge Amounts Of FCF

CHICAGO, Jan. 14, 2021 /PRNewswire/ -- Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, today revealed the top five trends advancing the auto space in 2021 and beyond. The COVID-19 pandemic forever altered car buying and selling, and changes will...

The Future of Car Buying in New Virtual-First World: Cars.com Reveals 5 Dominating Forces Driving Auto in 2021

CHICAGO, Dec. 22, 2020 /PRNewswire/ -- Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, today announced the top end-of-year car deals. As Americans continue to prioritize car ownership as a safe mode of transportation during the COVID-19 pandemic,...

End-of-Year Car Deals With Up to 19% Savings Motivates Shoppers to Buy

CHICAGO, Dec. 21, 2020 /PRNewswire/ -- The latest research from Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, reports nearly half of Americans (46%) plan to travel for December holidays.1 COVID-19 is increasingly impacting travel decisions and...

Americans Still Traveling but Staying Closer to Home for the Holidays as 66% of Travelers Opt to Drive to Their Destination

Cars.com shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 80 to 86. The post Stocks With Rising Relative Price Strength: Cars.com appeared first on Investor's Business Daily.

Stocks With Rising Relative Price Strength: Cars.com

Many first-time buyers are turning out to buy cars and trucks at year-end discount time, according to Cars.com.

Coronavirus, Year-End Discounts Motivate First-Time Car Buyers: Cars.com

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These tech stocks have fallen on hard times and if you are holding onto an investment, you may want to sell your shares before it's too late. The post 7 Outdated Tech Stocks to Sell Before It's Too Late appeared first on InvestorPlace.

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A Relative Strength Rating upgrade for Cars.com shows improving technical performance. Will it continue?

Cars.com Flashes Improved Price Strength: IBD Rating Upgrades

NAPERVILLE, Ill., Nov. 17, 2020 /PRNewswire/ -- Dealer Inspire (DI), a Cars.com Inc. (NYSE: CARS) company that provides disruptive technology and digital advertising solutions to the automotive industry, announced today a new OEM partnership agreement with FordDirect. The partnership...

FordDirect Selects Dealer Inspire® as a Preferred Digital Advertising Provider

CHICAGO, Nov. 12, 2020 /PRNewswire/ -- The latest research from Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, found nearly half of Americans (47%) plan to travel for Thanksgiving this year, which is down 21 percentage points from 2019. Of those...

Nearly Half of Americans Plan to Travel for Thanksgiving, 72% by Car

Cars.com, LLC (CARS) CEO Alex Vetter on Q3 2020 Results - Earnings Call Transcript

Cars.com, LLC's (CARS) CEO Alex Vetter on Q3 2020 Results - Earnings Call Transcript

Cars.com (CARS) delivered earnings and revenue surprises of 42.86% and 2.40%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Cars.com (CARS) Q3 Earnings and Revenues Top Estimates

CHICAGO, Nov. 9, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended September 30, 2020. Q3 Financial Highlights Revenue of...

CARS Reports Third Quarter 2020 Results

Cars.com (CARS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cars.com (CARS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

CHICAGO, Oct. 30, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, announced today that it has successfully closed its previously announced offering of $400 million aggregate...

CARS Closes Senior Note Offering

CHICAGO, Oct. 29, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it expects to report its financial results for the third quarter ended on September 30, 2020...

CARS to Announce Third Quarter 2020 Financial Results

Cars.com (CARS) Earnings Expected to Grow: What to Know Ahead of Q3 Release

CHICAGO, Oct. 28, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, announced today that it has successfully priced its offering of $400 million aggregate principal amount of 6.375%...

CARS Announces Pricing of Senior Notes Offering

CHICAGO, Oct. 26, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, announced today that it intends to offer, subject to market conditions and other factors, $400 million aggregate...

CARS Announces Proposed Offering of $400 Million of Senior Notes Due 2028

Cars.com upwards revises its Q3 2020 estimates. The stock trades for just 6x my 2020 free cash flow estimate: a compelling bargain investment.

Cars.com: Meaningful Upside Potential, Cheap Stock

Shares of Cars.com Inc. soared 20.0% in active afternoon trading Thursday, after the online auto marketplace's upbeat revenue outlook prompted an analyst upgrade. Trading volume was 7.6 million shares, compared with the full-day average of about 863,000 shares.

Cars.com's stock soars after upbeat revenue outlook leads to analyst upgrade

The digital car-sales platform company was upgraded by analysts after it posted strong preliminary results for the third quarter.

Why Cars.com Popped as Much as 23% Today

CHICAGO, Oct. 14, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS"), a leading digital marketplace and solutions provider for the automotive industry, announced strong business momentum in its preliminary results for the third quarter of 2020. Based on preliminary information, CARS...

CARS Announces Strong Preliminary Third-Quarter 2020 Results

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News for Cars.com Stock (CARS)