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Cars.com: 1Q Earnings Snapshot

CHICAGO (AP) _ Cars.com Inc. (CARS) on Friday reported a first-quarter loss of $9 million, after reporting a profit in the same period a year earlier.

The Chicago-based company said it had a loss of 13 cents per share. Earnings, adjusted for one-time gains and costs, came to 31 cents per share.

The online automotive marketplace posted revenue of $154.2 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $152.4 million.

Cars.com shares have fallen 3% since the beginning of the year. The stock has dropped 17% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CARS at https://www.zacks.com/ap/CARS