The company reported $0.51 non-GAAP EPS but revenue of $179.9M fell short of expectations by $0.64M.
Cars.com posted Q2 non-GAAP earnings per share of $0.51, matching estimates, while revenue reached $179.9M, missing expectations by $0.64M. Year-over-year revenue grew 0.6%, driven by modest gains in core segments.
Analysts had anticipated slightly higher revenue, though the prior quarter saw a 1.2% year-over-year increase. The company’s outlook for Q3 2026 projects flat to 2% revenue growth, citing Dealer revenue expansion and Marketplace improvements.
Shares showed limited reaction in after-hours trading as investors weighed the mixed results against the cautious guidance.