Cars.com: Q2 Earnings Snapshot
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CHICAGO (AP) — CHICAGO (AP) — Cars.com Inc. (CARS) on Thursday reported second-quarter net income of $94.1 million.
The Chicago-based company said it had profit of $1.37 per share.
The online automotive marketplace posted revenue of $168.2 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $169.3 million.
Cars.com shares have increased 63% since the beginning of the year. The stock has climbed 90% in the last 12 months.
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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
