💨 Abstract

Cars.com reported a first-quarter loss of $2 million, reversing a profit from the same period last year. The company's earnings, adjusted for one-time gains and costs, were 37 cents per share. Revenue of $179 million missed analyst forecasts of $179.3 million. The company's stock has declined 35% since the beginning of the year and 34% over the past 12 months.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖