Cars.com Inc. (CARS) Tops Q2 EPS by 22c, Revises FY Guidance

Cars.com Inc. (NYSE: CARS) reported Q2 EPS of $0.48, $0.22 better than the analyst estimate of $0.26. Revenue for the quarter came in at $168.5 million versus the consensus estimate of $172.12 million.

Outlook:

Due to lower subscription revenue in the first half of the year and lower growth in our national advertising business, the Company is revising its full year 2018 guidance. The Company now expects approximately 6 to 7% revenue growth with Adjusted EBITDA margin of approximately 34%.

For earnings history and earnings-related data on Cars.com Inc. (CARS) click here.

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