CARS - Cars.com EPS of $1.37 revenue of $168.2M misses by $0.88M
2023-08-03 07:38:19 ET
- Cars.com press release ( NYSE: CARS ): Q2 EPS of $1.37 may not be comparable to consensus of $0.46.
- Current quarter Net income was primarily related to the release of a significant portion of the Company's valuation allowance
- Revenue of $168.2M (+3.3% Y/Y) misses by $0.88M .
- Average Monthly Unique Visitors ("UVs") of 26.9 million, compared to 27.1 million a year ago
- Traffic ("Visits") of 156.0 million, up 5% year-over-year
- Monthly Average Revenue Per Dealer ("ARPD") of $2,472, up 6% from the prior year period
- Dealer Customers were 18,785 as of June 30, 2023, compared to 19,186 as of March 31, 2023
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Cars.com EPS of $1.37, revenue of $168.2M misses by $0.88M