Cars.com: Q1 Earnings Insights

Cars.com CARS reported its Q1 earnings results on Thursday, May 4, 2023 at 07:30 AM.

Here's what investors need to know about the announcement.

Cars.com beat estimated earnings by 183.33%, reporting an EPS of $0.17 versus an estimate of $0.06.

Revenue was up $8.86 million from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 0.51% increase in the share price the next day.

Here's a look at Cars.com's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.09
EPS Actual	0.15	-0.04	0.08	0.06
Revenue Estimate	166.23M	164.65M	161.79M	158.01M
Revenue Actual	168.20M	164.59M	162.87M	158.21M

To track all earnings releases for Cars.com visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.