CHICAGO (AP) — CHICAGO (AP) — Cars.com Inc. (CARS) on Thursday reported fourth-quarter profit of $17.3 million.
The Chicago-based company said it had profit of 26 cents per share. Earnings, adjusted for one-time gains and costs, were 49 cents per share.
The online automotive marketplace posted revenue of $180.4 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $182.5 million.
For the current quarter ending in March, Cars.com said it expects revenue in the range of $178 million to $181 million.
The company expects full-year revenue in the range of $745 million to $755 million.
Cars.com shares have fallen 12% since the beginning of the year. The stock has declined 14% 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
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