Cars.com: 3Q Earnings Snapshot

November 6, 2019 GMT

CHICAGO (AP) _ Cars.com Inc. (CARS) on Wednesday reported a third-quarter loss of $426.2 million, after reporting a profit in the same period a year earlier.

The Chicago-based company said it had a loss of $6.38 per share. Earnings, adjusted for one-time gains and costs, were 32 cents per share.

The online automotive marketplace posted revenue of $152.1 million in the period.

Cars.com shares have decreased 45% since the beginning of the year. The stock has declined 55% 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