Cars.com: Fourth Quarter Financial Overview

Cars.com Inc. Announces Fourth Quarter Financial Results

On Thursday, Cars.com Inc., headquartered in Chicago, revealed a net profit of $7.4 million for the fourth quarter.

The company’s earnings amounted to 12 cents per share, while adjusted earnings—excluding special items—stood at 44 cents per share.

During this period, the online automotive platform generated $183.9 million in revenue, surpassing analyst expectations. According to Zacks Investment Research, three analysts had projected $183.3 million.

For the full year, Cars.com Inc. reported a total profit of $20.1 million, or 32 cents per share, with annual revenue reaching $723.2 million.