CarsNYSE: CARS

Cars.com recently reported Q3 2024 results, matching revenue estimates but missing earnings projections. Financial trends show slight revenue growth, improved operating income, and strong free cash flow, but gross margins have declined due to higher product and technology expenses. My near-term hold outlook hinges on dealer demand recovery, with potential upside if growth rates improve. But significant recovery may not occur until 2025.

Cars.com Inc. (NYSE:CARS ) Q3 2024 Results Conference Call November 7, 2024 9:00 AM ET Company Participants Catherine Chen - Vice President, Investor Relations Alex Vetter - Chief Executive Officer Sonia Jain - Chief Financial Officer Conference Call Participants Naved Khan - B. Riley Tom White - Davidson Zach Walljasper - UBS Gary Prestopino - Barrington Research Marvin Fong - BTIG Operator Good morning, ladies and gentlemen, and welcome to the Cars Third Quarter 2024 Conference Call.

Cars.com (CARS) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.07 per share a year ago.

CHICAGO , Oct. 24, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce Inc " or the "Company"), an audience-driven technology company empowering the automotive industry, today announced that it expects to report its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024. The Company will host a conference call with a live webcast at 8:00 a.m.

The Automotive Market Sees a Shift as Stellantis Brands Cut Prices While Toyota and Honda Face Strong Demand CHICAGO , Oct. 21, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce ."), an audience-driven technology company empowering the automotive industry, outlines shifts in the automotive industry in its September Industry Insights Report.

Used Car Buyers Need to be Aware and Watch for Signs of Flood-Damaged Cars CENTREVILLE, Va. , Oct. 17, 2024 /PRNewswire/ -- Hurricane Helene left as many as 138,000 vehicles flood damaged after it tore through at least six states, CARFAX estimates.

Release Date: August 08, 2024

Used Car Shoppers Need to Watch for Telltale Signs of Water Damage CENTREVILLE, Va. , Sept. 24, 2024 /PRNewswire/ -- We're halfway through Hurricane Season for 2024 and already tens of thousands of cars are at risk of suffering extensive water damage, CARFAX data shows.

Brand Debuts Humorous Stunt Content Promoting That Pizza Tastes #BetterWithPepsi and To Prove It, Offers Fans Tens of Thousands of FREE Pizzas On DoorDash with Purchase of ANY Pepsi from Leading Pizza Restaurants Little Caesars, Papa Johns, Pizza Hut, and Marco' s Pizza PURCHASE, N.Y. , Sept. 12, 2024 /PRNewswire/ -- Ordering pizza on a Friday night is a classic end-of-week celebration (with nearly 43% of pizza orders taking place then), but if you're not chasing that crispy crust and gooey cheese with a refreshing sip of ice-cold PEPSI®, you're leaving taste on the table – and that's nothing to celebrate.