Cango Inc reports results for the quarter ended June 30 - Earnings Summary

Cango

02/09/2026 24:13

Cango Inc CANG.N reported a quarterly adjusted loss of $6.70​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-13.67.  The mean expectation of three analysts for the quarter was for a loss of 90 cents per share. to range from -90 cents to $-2.00 per share.
Revenue fell 65% to $50.78 million from a year ago; analysts expected $116.41 million. 
Cango Inc's reported EPS for the quarter was a loss of $7.30​.
The company reported a quarterly loss of $261.05 million.
Cango Inc shares had risen by 16.9% this quarter and lost 84.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 122.2% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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 average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy" 
Wall Street's median 12-month price target for Cango Inc is $30.00, about 93.9% above its last closing price of $1.84
This summary was machine generated from LSEG data September 1 at 11:13 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Mar. 31 2026 
-2.00
-6.70
Missed
Mar. 31 2026 
-2.16
-16.40
Missed
Sep. 30 2025 
-0.27
2.00
Beat
Jun. 30 2025 
-0.27
-13.67
Missed