Latest news with #Cars.comInc
Yahoo
09-05-2025
- Automotive
- Yahoo
Cars.com Inc (CARS) Q1 2025 Earnings Call Highlights: Strong Dealer Growth and Strategic Share ...
Revenue: $179 million for Q1 2025, within guidance range. Adjusted EBITDA: $51 million, with a margin of 28.3%. Net Loss: $2 million or negative $0.03 per diluted share. Adjusted Net Income: $24 million or $0.37 per diluted share. Operating Expenses: $173 million, up 3% year over year. Dealer Count: 19,250, up more than 40 dealers quarter over quarter. Free Cash Flow: $24 million for Q1 2025. Share Repurchase: $22 million worth of shares repurchased in Q1. OEM and National Revenue: Up 6% year over year. Accutrade Appraisals: 813,000 appraisals in Q1, up 16% quarter over quarter. ARPD: $2,473, roughly flat quarter over quarter. Total Liquidity: $321 million as of March 31, 2025. Warning! GuruFocus has detected 2 Warning Sign with CARS. Release Date: May 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Inc (NYSE:CARS) reported a solid first quarter with revenue of $179 million, within their guidance range. The company exceeded expectations with their adjusted EBITDA margin, showcasing strong cost discipline. Inc (NYSE:CARS) repurchased $22 million of shares, demonstrating a commitment to returning capital to shareholders. The company saw a significant increase in dealer count, reaching 19,250 dealers, marking the best quarter of sequential organic customer growth since mid-2022. Accutrade appraisal volume increased by 16% quarter over quarter, indicating strong adoption and usage among dealers. First quarter revenue was down slightly year over year, reflecting challenges in the marketplace and media products. There is uncertainty in OEM and dealer ad spending due to tariff impacts, leading to a suspension of full-year revenue guidance. The company experienced a net loss of $2 million for the first quarter, primarily due to severance-related costs. OEMs are managing their media commitments more closely, creating uncertainty in media revenue. The company noted a pullback in discretionary media spending from dealers, impacting ancillary media solutions. Q: Understanding the impact of tariffs on dealer and OEM ad spending and used car volumes. How significant is the uncertainty in these areas? A: Alex Vetter, CEO: The tariff news has increased consumer demand, with more traffic to our marketplace as consumers look to secure deals before tariffs impact prices. Dealers are leaning into technologies like Accutrade and Dealer Club to source used cars due to concerns about new car supplies. However, OEMs are more unpredictable, with some moving to month-to-month commitments, creating uncertainty in our full-year outlook. Q: How should we think about the growth in Accutrade customer accounts, given recent endorsements? A: Alex Vetter, CEO: We are confident in Accutrade's growth potential, with increased dealer interest due to concerns about new car supply. While onboarding and training take time, the top quartile of dealerships are acquiring 50 cars a month using our software, indicating strong potential for further adoption. Sonia Jain, CFO, added that the impact of endorsements is expected to be more visible in Q2. Q: What drove the margin upside in Q1 compared to initial expectations? A: Sonia Jain, CFO: We focused on cost management, with Dealer Club integration costs coming in lower than planned. General cost discipline and a targeted headcount reduction also contributed, though the latter's benefits will be more visible in future quarters. Q: Can you explain the mixed signals from dealers and OEMs regarding media spending, and how does this affect Q2 revenue expectations? A: Alex Vetter, CEO: Dealers are pulling back on discretionary media spending but remain committed to our marketplace. OEMs are moving to month-to-month commitments, creating uncertainty. Despite this, we expect Q2 revenue to be up year-over-year, driven by strong marketplace and solutions growth. Q: With the positive activity around Accutrade and Dealer Club, how quickly can prospects be converted, and is there a monetization opportunity? A: Alex Vetter, CEO: Dealer Club is seeing rapid growth, with 2,500 prospects and a 60% monthly increase in transactions. We are focusing on integration with Accutrade to enhance efficiency. While we are not charging sellers currently, the synergy with our platform positions us well for future monetization opportunities. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
08-05-2025
- Automotive
- Yahoo
Cars.com to Participate in Upcoming Investor Conference
CHICAGO, May 8, 2025 /PRNewswire/ -- Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc" or the "Company"), an audience-driven technology company empowering the automotive industry, today announced that Alex Vetter, Chief Executive Officer of Cars Commerce and Sonia Jain, Chief Financial Officer of Cars Commerce will participate at the following investor conference: J.P. Morgan 53rd Annual Global Technology, Media and Communications ConferenceDate: May 13, 2025Presentation Time: 3:30 p.m. CT / 4:30 p.m. ET The presentation will be available as a live webcast accessible on the Investor Relations website at An archived replay will be available on the website shortly after the conclusion of the presentation. ABOUT CARS COMMERCE Cars Commerce is an audience-driven technology company empowering the automotive industry. The Company simplifies everything about car buying and selling with powerful products, solutions and AI-driven technologies that span pretail, retail and post-sale activities – enabling more efficient and profitable retail operations. The Cars Commerce platform is organized around four industry-leading brands: the flagship automotive marketplace and dealer reputation site award-winning technology and digital retail technology and marketing services from Dealer Inspire, essential trade-in and appraisal technology from AccuTrade, a reputation-based dealer-to-dealer wholesale auction from DealerClub and exclusive in-market media solutions from the Cars Commerce Media Network. Learn more at View original content to download multimedia: SOURCE Cars Commerce
San Francisco Chronicle
08-05-2025
- Automotive
- San Francisco Chronicle
Cars.com: Q1 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — Inc. (CARS) on Thursday reported a first-quarter loss of $2 million, after reporting a profit in the same period a year earlier. The Chicago-based company said it had a loss of 3 cents per share. Earnings, adjusted for one-time gains and costs, were 37 cents per share. The online automotive marketplace posted revenue of $179 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $179.3 million. shares have declined 35% since the beginning of the year. The stock has decreased 34% in the last 12 months. _____
Washington Post
08-05-2025
- Automotive
- Washington Post
Cars.com: Q1 Earnings Snapshot
CHICAGO — CHICAGO — Inc. (CARS) on Thursday reported a first-quarter loss of $2 million, after reporting a profit in the same period a year earlier. The Chicago-based company said it had a loss of 3 cents per share. Earnings, adjusted for one-time gains and costs, were 37 cents per share.
Yahoo
02-05-2025
- Automotive
- Yahoo
Those who invested in Cars.com (NYSE:CARS) five years ago are up 111%
The last three months have been tough on Inc. (NYSE:CARS) shareholders, who have seen the share price decline a rather worrying 34%. But that doesn't change the fact that shareholders have received really good returns over the last five years. In fact, the share price is 111% higher today. We think it's more important to dwell on the long term returns than the short term returns. Only time will tell if there is still too much optimism currently reflected in the share price. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. We've discovered 3 warning signs about View them for free. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During the last half decade, became profitable. Sometimes, the start of profitability is a major inflection point that can signal fast earnings growth to come, which in turn justifies very strong share price gains. Since the company was unprofitable five years ago, but not three years ago, it's worth taking a look at the returns in the last three years, too. We can see that the share price is up 8.3% in the last three years. During the same period, EPS grew by 69% each year. This EPS growth is higher than the 2.7% average annual increase in the share price over the same three years. So you might conclude the market is a little more cautious about the stock, these days. You can see below how EPS has changed over time (discover the exact values by clicking on the image). We know that has improved its bottom line over the last three years, but what does the future have in store? You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic. Investors in had a tough year, with a total loss of 31%, against a market gain of about 11%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. On the bright side, long term shareholders have made money, with a gain of 16% per year over half a decade. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Case in point: We've spotted 3 warning signs for you should be aware of, and 1 of them is concerning. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
