Cars.com Inc. (CARS) Misses Q4 EPS, Revenues Beat

Cars.com Inc. (NYSE: CARS) reported Q4 EPS of $0.09, $0.36 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $153 million versus the consensus estimate of $146.81 million.

"We are entering 2021 in a position of operational and financial strength. Our solutions allow dealers to meet consumers where they want to buy cars, either online or in physical showrooms. While 2020 was a challenging year, the COVID-19 pandemic has accelerated the importance of our digital solutions strategy and propelled our organic strength as a technology enabler for both buyers and sellers," said Alex Vetter, President and Chief Executive Officer of CARS. "Our audience, customers and average revenue per dealer are all trending positively as we continue to invest in our dealer network and expand our solutions and services."

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

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