Cars.com: Q1 Earnings Snapshot

CHICAGO (AP) – CHICAGO (AP) – Cars.com Inc. (CARS) on Thursday reported first- quarter earnings of $11.5 million.

The Chicago-based company said it had profit of 17 cents per share.

The online automotive marketplace posted revenue of $167.1 million in the period.

For the current quarter ending in June, Cars.com said it expects revenue in the range of $168 million to $170 million.

Cars.com shares have risen 41% since the beginning of the year. The stock has risen 72% in the last 12 months.