Cars.com Inc. (CARS) Tops Q3 EPS by 15c

Cars.com Inc. (NYSE: CARS) reported Q3 EPS of $0.48, $0.15 better than the analyst estimate of $0.33. Revenue for the quarter came in at $159.9 million versus the consensus estimate of $163.86 million.

• Revenue of $159.9 million, down 1% year-over-year
• Net income of $21.0 million, or $0.29 per diluted share
• Adjusted net income of $34.3 million, or $0.48 per diluted share
• Adjusted EBITDA of $63.1 million, or 39.5% of revenue
• Net cash provided by operating activities of $147.2 million for the first nine months of 2017 and free cash flow of $119.6 million
• Expect full year revenue to be down approximately 1% with adjusted EBITDA margin of approximately 38%

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

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