Showing posts with label CARS. Show all posts
Showing posts with label CARS. Show all posts
Wednesday, May 6, 2020
-=Cars.com (CARS) reported earnings on Wed 6 May 20 (b/o)
Cars.com (CARS) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 45.45%. A quarter ago, it was expected that this online automotive marketplace would post earnings of $0.31 per share when it actually produced earnings of $0.63, delivering a surprise of 103.23%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Cars.com, which belongs to the Zacks Internet - Commerce industry, posted revenues of $148.09 million for the quarter ended March 2020, surpassing the Zacks Consensus Estimate by 4.96%. This compares to year-ago revenues of $154.20 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Cars.com shares have lost about 63% since the beginning of the year versus the S&P 500's decline of -11.2%.
Monday, May 4, 2020
Earnings this week : May 4 - 8, 20 (wk 19)
- Morning: PETS GATX KELYA PFGC NNN PETS PBI TSN WAB WEC WLK
- Afternoon: ACHC ALSN AIG AWR CAR CHGG DLB FN FIVN FRPT ITRI JKHY KMT KN LEG LMNX MHK MOS RMBS O RBC REXR SHAK SWKS SYKE THC TXRH TREX VNOM VNO WWD XPO
Tuesday (May 5)
- Morning: ACM AER AMCX APTV ARMK ARCC DBD D DD DEA FCAU GPI HSIC ITW INCY INGR IPGP JELD JLL TREE LGIH LPX LITE MNK MPC SBSI SYY TRI BLD TDG USCR USFD W WBT WRK
- Afternoon: ATVI ANET BYND BLKB CAMP CAKE COHU CMP DVA DK DVN EA ICFI IOSP INGN INSP NVTA JAZZ KGC KLAC LC LPSN DOOR MTCH MATX MAT MELI MEOH MGNX MODN MYGN NVRO ONTO PINS PAA PLNT PRO PRU SFM STOR VRSK VOYA DIS WU
Wednesday (May 6)
- Morning: AEIS ALXN ARES ASTE BWA BG CARS CBZ CDW FUN IMOS CNHI CGEN CVS DISCA GCP GM GEL GPC ROCK GPN KL KKR MYE NYT DNOW NS ODP OMI PZZA PSN PAG SBH STNG SMG SHOP TMHC TNC MEET VMC WD WM WEN WING WYND ZTS
- Afternoon: DDD ADTN ALB AYX AMED AEL AWK AMP ANGI ANSS APA AZPN ATO AVB BNFT BIO BEAT EPAY BFAM BRKR CCMP CVNA CTL CDAY CF CHEF XEC CPA CXW CSGS CUB CW DAR DCP DRQ ENTA EPR EQIX ESE ESPR WTRG ESS ETSY RE EVRG ES EXAS STAY EXR FSLY FRT FG FORM FTNT FCPT FOXA FOXF FNV GBT GDDY GRUB HR HI HUBS H IMMU INSG IAC INVH IRWD KRO LCI LGND LNC LVGO LYFT CLI MX MFC MRO MET MAA NTRA NBIX LASR NMIH NDLS NUS NTR NUVA OSUR PAAS PYPL PTON PING PXD PPD QTWO QGEN QDEL RDN RMAX RP RNR RCII REZI RNG RGLD SRPT SEDG SONO SJI SAVE SQ STAA SRI RUN TMUS TLND TTGT REAL TIVO TRMB TSE TROX TWLO TWO UDR UGI RARE UPWK VVV VIAV WCN WTS WELL WPM WPX WYNN ZIXI ZNGA
Thursday (May 7)
- Morning: AAON AAN ACIW GOLF AES ABC BUD MT AAWW BLL BHC BCE BDX BV BMY CNQ CNNE CBRE CNP ECOM CRL CWEN CCOI CFX COMM CTB CORE CTVA DHR DISH SATS EPC EDIT ELAN ENB ENDP ENR EPAM EQT EXLS FIS FVRR FOCS IT THRM GTN HAIN HL HES HLT HIMX HFC HII NSIT IART NTLA IDCC IRM JBLU KAR KTB LAMR LAUR LXP MGA MBUU MMS MD MIDD MRNA MUR EYE NTCT NOMD OGE PCRX PEGI PENN PRFT DOC PBH PWR RTX RHP SERV SHLX SPAR SRCL TGNA TU TEVA TW THS VIAC VIRT VSTO VG WEX XEL YETI
- Afternoon: ADT AL ALRM APPN AAXN BECN BILL BJRI BKNG CTSH SCOR ED CCRN DBX ENV EOG FSLR FISV GLUU GPRO LOPE GH HLF ICUI IPHI PODD ITGR LHCG LSI LYV MTW VAC MCHP MNST NWSA NUAN OMCL PDCE PEB PBA PRAA PFPT PBYI QRVO QLYS RPD RDFN RBA ROKU SKYW STMP SPWR SVMK SYNA TDC TTD TRUE TCX UBER OLED UPLD ECOL YELP ZG
Friday (May 8)
- Morning: AXL ATH AVA BLMN BPMP BR BIP CATM REOAD CRON UFS ESNT EVTC EVOP EXC GTT HEES HSC HMSY TWNK TILE KIM LEA NJR NBL OUT PBF PNW PPL SABR SSP SEAS SR SHO SWCH TEN VTR
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Earnings spotlight: Tyson Foods (NYSE:TSN), Shake Shack (NYSE:SHAK), Skyworks Solutions (NASDAQ:SWKS), Freshpet (NASDAQ:FRPT) and Chegg (NYSE:CHGG) on May 4; Marathon Petroleum (NYSE:MPC), Fiat Chrysler Automobiles (NYSE:FCAU), Sysco (NYSE:SYY), Beyond Meat (NASDAQ:BYND), US Foods (NYSE:USFD), DuPont (NYSE:DD), Activision Blizzard (NASDAQ:ATVI), Disney (NYSE:DIS), Prudential (NYSE:PRU), Allstate (NYSE:ALL) and Dominion Energy (NYSE:D) on May 5; CVS Health (NYSE:CVS), General Motors (NYSE:GM), Bunge (NYSE:BG), Barrick (NYSE:GOLD), MetLife (NYSE:MET), T-Mobile US (NASDAQ:TMUS), Etsy (NASDAQ:ETSY), Shopify (NYSE:SHOP), Peloton Interactive (NASDAQ:PTON) and PayPal (NASDAQ:PYPL) on May 6; AmerisourceBergen (NYSE:ABC), JetBlue (NASDAQ:JBLU), Booking Holdings (NASDAQ:BKNG), Raytheon Technologies (NYSE:RTX), Anheuser-Busch InBev (NYSE:BUD), Bristol-Myers Squibb (NYSE:BMY), ViacomCBS (NASDAQ:VIAC), Baidu (NASDAQ:BIDU), Uber (NYSE:UBER), News Corp (NASDAQ:NWSA) and Post Holdings (NYSE:POST) on May 7; and SeaWorld Entertainment (NYSE:SEAS), Cronos (NASDAQ:CRON) and PBF Energy (NYSE:PBF) on May 8.
Monday, August 5, 2019
Cars.com (CARS) reported earnings on Mon 5 Aug 2019 (b/o)
** charts before earnings **
** charts after earnings **
Cars.com decides against selling itself. The online car-shopping site said today that after conducting a strategic review, it “will focus on executing its strategic plan as an independent public company.”
Cars.com Inc. said its board has completed a strategic review without receiving any actionable bids and will now work to execute a plan to drive growth. The review was first announced on Jan. 16 and came after a push from activist shareholder Starboard Value. "After consultation with our financial and legal advisors, the Board has concluded that the best interests of shareholders are served by continuing to focus on our strategic plan and opportunities to drive growth and shareholder returns as an independent public company," the digital marketplace for cars said in a statement. "We remain open to all potential value creating opportunities." Shares have fallen 17% in 2019 through Friday, while the S&P 500 SPX, -0.73% has gained 17%.
Earnings this week : Aug 5 - 9, 19 (wk 32)
- Morning: ATRO CARS CYOU KMPR L TA TSN
- Afternoon: APLE CAR BKD CBT CZR CBPO COHU CXW EVER PLOW DCO FRPT HIIQ PODD ITRI KLAC RAMP MAR O SHAK SWAV SNCR TTWO THC WWD
Tuesday (Aug 6)
- Morning: AFI BHC BDX APRN CAR CRCM CHK CHH DF DISCA DUK ERI ENR HSIC JLL LGIH MNK MGP MOS EYE PAYS PLUG SEAS SSTK TEN FLOW VRTV VG WBT WLK ZTS
- Afternoon: ACLS ADT AFG AINV AIZ AKCA AMN ANDE APEI ARLO AVD AXGN BECN BNFT BOLD BTG CARG CGBD CMP CPE CPSI CTRE CUB DCP DHT DIS DVN DXPE EDIT ENLC ENTA EVH EVRI FANG FATE FLT FTR GBT GCP GH GTES GWPH HALO HCKT HCR HST HTZ HUBS ICHR INSG INSP IOSP JAZZ KAR KRNT LC LOPE LRN LTHM MAXR MBI MCHP MMI MODN MTCH NDLS NEWR NP NUS NVTA OAS OHI OSUR PAA PAGP PBPB PE PEN PLNT PLT PLYA POWL PTCT PXD PZZA QUOT RRR RTRX SAIL SCOR SEDG SSTI STAY SUPN SWN SWX TGH TROX TWO TXMD VOYA VREX WK WMC WTR WTTR WW WYNN Y ZAGG ZGNX
- Morning: AMAG ANIP ATHM ATKR AVA BCOR BV CNP CNR CORE CPRI CSTE CVS CYBR DNR DOC ETM EVOP FUN GOLF GTN HL HZNP ICPT INGN INXN IONS JELD KELY.A LAMR LL LXP MDCA MFA MIDD NRG NVMI NXST NYT ODP OMI QEP SBGI SGRY SINA SND SPB SRC SSW STWD TELL TEVA VER VGR WAAS WB WD WEN WWW
- Afternoon: AAOI, AGO, AGS, AIG, ALB, AMPH, ANGI, AOSL, APYX, ARNA, ASRT, ATO, AVLR, AZPN, BKNG, BREW, CABO, CAI, CCMP, CDE, CECO, CLI, COLL, CPA, CPRX, CSGS, CTL, CVNA, CWH, DAR, DDD, DOX, DVAX, EB, ECPG, ENS, ENV, ET, EVRG, FG, FLO, FNV, FOSL, FOXA, FRGI, FSCT, FSM, FTDR, FTK, G, GBDC, GDOT, GKOS, GLPI, GTE, HHC, IAC, IAG, ICUI, IIPR, IMMU, INFN, IVR, JACK, KIDS, KRO, LHCG, LYFT, MATX, MELI, MFC, MNST, MRAM, MRO, NTES, NTRA, NUAN, NVEE, OPK, ORA, PAAS, PDCE, PEGA, PETQ, PRA, PRI, PRSC, PTLA, QHC, QRTEA, QTWO, RCII, RDUS, REZI, RGLD, RGNX, RLJ, ROKU, RUN, RYAM, RYN, SENS, SFLY, SGMO, SJI, SONO, SRPT, STMP, SUN, SWCH, SWKS, SWM, TCX, TLND, TPIC, TRIP, TTGT, TVTY, TWNK, UHAL, UPLD, UPWK, VERI, WMGI, ZG, ZVO
Thursday (Aug 8)
- Morning: ACIW, AMC, AMRC, AZUL, BAM, BPMP, CAH, CBB, CCOI, CDLX, CEVA, CNNE, COMM, COT, CRON, CSWI, CVIA, DESP, EBIX, ECOM, EGRX, EPAM, ESPR, FOCS, FOLD, FVRR, GOGO, GTS, GTT, HIMX, HMHC, IBP, KDP, KHC, KOP, KTB, LAUR, LITE, LKSD, LNG, MGA, MMS, MPAA, MUR, NBEV, NCLH, NGL, NHI, NICE, NOMD, NS, OGE, PCRX, PNW, PQG, PRGO, PRTY, PTE, RDNT, REV, RLGY, SATS, SNH, SUP, TAST, THR, TTI, TW, USPH, VIAB, VIRT, VSTO
- Afternoon: AAXN AIMT AIRG AL ALRM ALTR AMBC APPN AQN ASYS ATVI AVT AXA C CBS CHUY CISN CNDT COLD CUTR CYRX DBX DXC ELY EPAY EQH ESE FGEN FLNT FNKO FSLY FTCH HBM IIIV JAG MAIN MDP MDRX MESA MTW NKTR NNBR NNI NVGS NVRO NWSA OMER OSTK PBYI PCTY PRA PRAA PUMP QDEL QNST RBA ROAD RVLV SEMG SIEN SPPI SSR SSRM SYMC SYNA TERP TPC TRHC TRUE TSE TTD UBER UNIT VRAY VRTU VSAT VSLR WAIR WPM WPRT WTRH XON YELP
Friday (Aug 9)
Morning:
CBM CLNY DPLO ERF HPT SSP TRCO USCR YRCW
Thursday, February 28, 2019
Cars.com (CARS) reported earnings on Thur 28 Feb 19 (b/o)
** charts before earnings **
** charts after earnings **
- Reports Q4 (Dec) earnings of $0.50 per share, excluding non-recurring items, $0.07 worse than the S&P Capital IQ Consensus of $0.57; revenues rose 4.9% year/year to $164.3 mln vs the $166.59 mln S&P Capital IQ Consensus.
- Average monthly unique visitors of 18.8 million, up 12% year-over-year;
- Traffic (visits) of 445.3 million, up 11% year-over-year;
- Mobile traffic accounted for 67% of total traffic compared to 59% in 2017;
- Dealer customer count of 19,921 as of December 31, 2018, compared with 20,407 as of September 30, 2018 Direct monthly average revenue per dealer ("ARPD") of $2,098, up 6% year-over-year.
- Co issues downside guidance for FY19, sees FY19 revs of (5%)-2% (Approx $628-675 mln) vs. $699.30 mln S&P Capital IQ Consensus. In 2019, based on lower dealer count to start the year, the Company expects a revenue range between a 5% decline and 2% growth with Adjusted EBITDA margins between 30% and 31%. In both 2020 and 2021 the Company expects to achieve year-over-year revenue growth between 5% and 12% and Adjusted EBITDA margins between 32% and 34%. In both years and under all scenarios, the Company expects double-digit Adjusted EBITDA growth.
Wednesday, January 16, 2019
Cars.com (CARS) considering sale
- The Chicago-based digital auto listings company said today that it's exploring a possible sale, and mulling various strategic options.
- June 2018: Cars.com hired JPMorgan to explore its options regarding a possible sale of the company, the New York Post reported.
** charts after announcement **
Cars.com announces review of strategic alternatives in pursuit of enhancement of shareholder value
Digital auto marketplace Cars.com is exploring a sale in the wake of Starboard Value taking an ownership stake in the online car retailer.The Chicago-based company said it has been exploring “strategic alternatives” since September. The company has not set a timetable and will not provide additional details until the board approves a specific course of action or determines further disclosure is appropriate or required by law.
Starboard Value bought an ownership stake in Cars.com in early 2018. Last month, Starboard asked the company to improve stock performance, sell itself or shake up its management ranks. The auto seller added Starboard representatives to its board and slashed 8 percent of its workforce.
Cars.com launched in 1998 by a group of newspapers, which included the previous owner of the Chicago Tribune.
"We have taken direct control of newspaper affiliate relationships while adapting the company's internal sales and technology operations to accelerate the business strategy, while substantially reducing legacy costs,” Cars.com CEO Alex Vetter said in a statement regarding the potential sale. “Throughout this strategic review process, we will continue to execute on our strategy and remain focused on providing exceptional value to our customers."
Cars.com acquired two digital startups in early 2018 – Dealer Inspire and Launch Digital Marketing, two Chicago-based companies that provide digital tools to automotive dealers. Cars.com said the acquisitions will allow it to offer more digital tools to auto dealers through its online marketplace.
"In light of multiple inquiries which indicate the possibility of realizing that future value now," Scott Forbes, Cars.com board chairman, said Wednesday along with the announcement. "And after careful consideration, we took the decision to explore strategic alternatives in late 2018, consistent with the board's commitment to acting in the best interests of the company and its stakeholders to enhance shareholder value."
Cars.com CEO Alex Vetter, left, with Chicago mayor Rahm Emmanuel in October 2017
** charts before announcement **
Wednesday, August 8, 2018
Cars.com (CARS) reported earnings on Wed 8 Aug 2018 (b/o)
** charts before earnings **
** charts after earnings **
Cars.com misses by $0.12, misses on revs; lowers FY18 rev guidance
- Reports Q2 (Jun) earnings of $0.48 per share, excluding non-recurring items, $0.12 worse than the two analyst estimate of $0.60; revenues rose 7.6% year/year to $168.5 mln vs the $171.75 mln Capital IQ Consensus.
- Due to lower subscription revenue in the first half of the year and lower growth in our national advertising business, the Company is revising its full year 2018 guidance. The Company now expects ~6 to 7% revenue growth (down from +10-11%) with Adjusted EBITDA margin of ~34%.
- Doug Miller, a seasoned marketplace executive with more than 20 years of experience building digital businesses, has been appointed Chief Revenue Officer, succeeding John Clavadetscher
Sunday, August 5, 2018
Earnings this week : Aug 6 - 10, 18 (wk 32)
Monday (August 6)
- Morning: CTB BID CAH NWL SEAS TSN
- Afternoon: CDEV ETSY HTZ MAR MOS RNG Z ZG TWLO TLND WTW AEL AKCA AMRS ANDV ANDX ANSS APLE ARNA ATSG AVD AWR BHF BKD BKH BRKS BWXT CBT CMP CPE CRY CRZO CVCO DCO DPLO DVAX EDIT EVBG FATE FIVN FRGI FRPT HHC ITRI KMT KRNT LGND LMNX MTSC MTW MWA MXWL NCMI NGHC NPTN NSA NVGS OAS OFIX OTTR PI PLOW PLYA RBC REN RPD SNHY SYKE TCMD THC TRTX TUSK WMC ZGNX
Tuesday (Aug 7)
- Morning: ACM AES AFI AMRC ANIP AQUA ARMK ATKR AVNS AYR BHC BIOS BLD BOLD BR CEVA CORE CROX DEA DF DISCA DNR DQ EGN EGRX EMR EPC EXPD FSS GSKY GTN HAE HLNE HZN IIVI IONS JELD LABL LGIH LPX MGP MNK NHI NJR NS NWN ODP OMI ONCE ONDK PPL PRIM QNST RDUS RHP SAGE SATS SN SNH SPNS TAST TDG TECH TGH TGNA TRS USAC USCR VGR VPG VSH VSM XRAY ZBRA
- Afternoon: AAOI AAXN AIZ ALB ALRM AMBR ANDE ARA BECN BIO BLDR BOFI BOOT BTG CAR CARG CBLK CGBD CIVI CLR CSOD CUTR CWH CYBR DCP DDD DHT DIOD DIS DK DXC DXPE ENV ESE EVH EVRI FGEN FOSL FTK G GCP GWPH HALO HCKT HDP HST ICHR IFF INFN INGN INSP IOSP IPAR IVC IVR JAZZ KAR KRO LC LRN MMI MODN MTCH MXL NEWR NNI NP NVTA OPK ORA PAA PAGP PBPB PE PEN PLT POWL PRA PRAA PRI PRMW PRSC PTCT PUMP PXD PZZA QDEL QTWO RLJ RWT SFLY SIEN SNAP SRC SUPN SWX TPC TPIC TRHC TWNK TWO VSLR WEN WK WRD XEC XOG
Wednesday (Aug 8)
- Morning: ATHM CARS CBB CHH CLNY CNDT CNK CRL CSTE CUB CVS DEPO DLPH EBIX ENDP ETM EXTR FI FRTA GEL GOGO GVA HRI HZNP ITG JLL KDP KELYA KORS LAMR LITE LXP MGA MIDD MYL NOVT NXST NYT SBGI SINA SO STE STWD SUP TGI TLRA TPB TRI WAAS WB WWW WYND
- Afternoon: ACAD ACTG ADT AINV AMBC AMPH ANGI AOSL APEI ATO AVT AYX AZPN BKNG BREW BV CISN COLL CPA CTL CVNA CXW DAR DNB DOOR ECPG ELF ENS EQIX ETE ETP EVRG FANG FG FLO FLS FNV FOXA FSM GBDC GDOT HPR IAC IAG INSY JACK KAMN KIDS LASR LOPE MBI MELI MFC MNST MRAM MUR NEU NKTR NNBR NTES NTRA NUAN NVAX OCLR ORIG OSUR OUT OXY PAAS PDCE PEGA QHC RGLD ROKU RPT SAIL SD SEMG SENS SGMO SJI SLF SRPT SUN TCX TIVO TTGT UHAL UPLD VNOM VRTU WMGI XPER YELP ZTO
- Morning: BAM BPMP CABO CCE CDAY DDS DSKE FBM GCI GOOS HIMX HL HPT IMOS KOP LAUR LNG LOXO MMS MNTA MPAA NCLH NICE NOMD OGE PEGI PLUG PQG PRGO PRTY PTLA RDNT SGRY SMI SND SNR SPH TRCO TTI UNT UPL VIAB VRTV VSTO WBT WIN WMS WP
- Afternoon: ACXM AIRG AL ALTR ASYS AVID AVLR BW CDNA CHUY COLD CORT CYRX DBX ECOM ELGX EPAY FNKO FSCT ICUI INVH JAG JCOM LGF.A MCHP MIME NWSA OLED OMER OSTK PBYI PCTY PLNT RBA RDFN ROAD RUN SPPI SSRM SYNA TRUE TTD UNIT VSAT WOW WPRT WTTR XON
Friday (Aug 10)
- Morning: AIT ERF MDP RUTH
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