The company continues to demonstrate a stable level of operating profitability. Despite rising inflation and tightening macro policies, management is able to effectively manage costs.

Cars.com: Still Strong Trends And Upside Potential

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Cars.com Inc. (NYSE:CARS ) Q3 2022 Earnings Conference Call November 3, 2022 9:00 AM ET Company Participants Alex Vetter - CEO Sonia Jain - CFO Jandy Tomy - EVP, Finance & Treasurer Robbin Moore-Randolph - Director, IR Conference Call Participants Tom White - D.A. Davidson & Co. Naved Khan - Truist Securities Marvin Fong - BTIG Doug Arthur - Huber Research Partners Operator Good morning, and welcome to the CARS Third Quarter 2022 Earnings Conference Call.

Cars.com Inc. (CARS) Q3 2022 Earnings Call Transcript

Cars.com is an automotive online marketplace platform that connects car shoppers with sellers. Further investments in traffic and more research and development will likely lead to revenue growth and efficient performance.

Cars.com: Beneficial 2022 Guidance And An Affordable Stock Price

CHICAGO , Oct. 20, 2022 /PRNewswire/ --  Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that provides a robust set of digital solutions, today announced that it expects to report its financial results for the third quarter ended September 30, 2022, on Thursday, November 3, 2022. The Company will host a conference call with a live webcast at 8:00 a.m.

CARS to Announce Third Quarter 2022 Financial Results

As inflation raises MSRP the online portals get more competitive and margins get hit

Bear of the Day: Cars.com (CARS)

Cars.com Inc. operates as a digital marketplace and provides solutions for the automotive industry. Its platform connects car shoppers with sellers. The company, through its marketplace, dealer websites, and other digital products, showcases dealer inventory, elevate and amplify dealers' and automotive manufacturers' (OEMs) brands, connect sellers with ready-to-buy audience, and empower shoppers with the resources and information needed to make car buying decisions. It also offers marketplace products, such as marketplace subscription advertising and social selling services; digital solutions, including Website platform hosting, AI chat tool, digital retailing, and review and reputation management; and advertising comprising display advertising, instant loan screening and approvals, digital advertising, and in-market audio services. As of December 31, 2021, the company served 19,179 dealer customers in 50 states, which included franchise and independent dealers, with digital and brick-and-mortar stores; and primary automakers selling vehicles in the United States. Its customers are local car dealers, OEMs, and other national advertisers. Cars.com Inc. was founded in 1998 and is based in Chicago, Illinois.