Cars reports first quarter 2020 results

Cars reports first quarter 2020 results.q1 adjusted earnings per share $0.32.q1 gaap loss per share $11.76.q1 revenue $148.1 million versus refinitiv ibes estimate of $144.3 million.q1 earnings per share estimate $0.24 -- refinitiv ibes data.product agility & organic traffic benefit dealers during covid-19 restrictions.increased liquidity to provide financial flexibility.average monthly unique visitors of 24.9 million in quarter, up 11% year over year.drew down $165 million on co's revolving credit facility for additional liquidity and flexibility.effects of covid-19 restrictions have and will negatively impact results of operations, cash flow and financial position.
CARS Ratings Summary
CARS Quant Ranking