10:12 AM EDT, 08/08/2024 (MT Newswires) -- Cars.com ( CARS ) shares were down more than 7% in recent Thursday trading after the company's Q2 adjusted EPS and revenue missed analysts' estimates.

The company reported Q2 adjusted earnings of $0.38 per diluted share, up from $0.33 a year earlier.

Four analysts polled by Capital IQ expected $0.45.

Revenue for the quarter ended June 30 was $178.9 million, up from $168.2 million a year earlier.

Analysts surveyed by Capital IQ expected $181.8 million.

The company said it expects Q3 revenue to be between $178 million and $181 million.

Analysts polled by Capital IQ expect $185.9 million.

Price: 16.54, Change: -1.32, Percent Change: -7.39