Cars.com Inc. (CARS) Reports Q2 Revenue of $155.5M

Cars.com Inc. (NYSE: CARS) reported Q2 EPS of $0.08, may not comapre to the analyst estimate of $0.41. Revenue for the quarter came in at $155.5 million versus the consensus estimate of $153.34 million.

Outlook:

For the third quarter 2021, the Company expects Revenue of approximately $155 million to $157 million, and Adjusted EBITDA margins of approximately 27.5% to 29.5%. Guidance reflects the Company's expectation of a continuation of the industry-wide inventory shortage into the third quarter and continued investments in marketing to support its brand and in technology to drive innovation.

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

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