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Investing.com - Cars.com reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Cars.com announced earnings per share of $-0.04 on revenue of $164.6M. Analysts polled by Investing.com EPS of $0.33 on revenue of $164.65M.
Cars.com 's are down 39.61% and is trading at $12.00 , still down 28.71% from its 52 week high of $19.09 set on Wednesday, December 8, 2021.
Cars.com shares lost 11.83% to trade at $12.00 in pre-market trade the report.
Cars.com follows other major Communication Services sector earnings this month
Cars.com's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, for EPS of $1.93 on revenue of $27.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar