Cars.com: Q3 Earnings Snapshot
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CHICAGO (AP) — CHICAGO (AP) — Cars.com Inc. (CARS) on Thursday reported third-quarter net income of $4.5 million, after reporting a loss in the same period a year earlier.
The Chicago-based company said it had net income of 7 cents per share.
The online automotive marketplace posted revenue of $174.3 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $173 million.
Cars.com shares have risen slightly more than 9% since the beginning of the year. The stock has climbed almost 9% 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
