Cango Inc expected to post a loss of 90 cents a share - Earnings Preview
Cango Inc expected to post a loss of 90 cents a share - Earnings Preview
Cango Inc CANG.N, CANG.K is expected to show a fall in quarterly revenue when it reports results on August 31 for the period ending June 30 2026
The Dallas Texas-based company is expected to report a 26.4% decrease in revenue to $101.97 million from $138.52 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Cango Inc is for a loss of 90 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Cango Inc is $30.00, about 1,058.3% above its last closing price of $2.59
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | -2.00 | -2.00 | -6.70 | Missed | -235 |
Dec. 31 2026 | -0.57 | -2.16 | -16.40 | Missed | -678.1 |
Sep. 30 2025 | 1.16 | -0.27 | 2.00 | Beat | 845 |
Jun. 30 2025 | -0.42 | -0.43 | -13.67 | Missed | -3,133.8 |
Mar. 31 2025 | 4.90 | 4.90 | -1.38 | Missed | -128.1 |
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This summary was machine generated August 28 at 20:04 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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Cango Inc reports results for the quarter ended June 30 - Earnings Summary