CarGurus Inc expected to post earnings of 10  cents a share - Earnings Preview

CarGurus

25/02/2023 03:08

* CarGurus Inc  CARG.OQ   CARG.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 28. 
    * The Cambridge Massachusetts-based  company is expected to
report
 a 17.1% decrease in revenue to $281.407 million from $339.34
million a year ago, according to the mean estimate from 12
analysts, based on Refinitiv data. The company's guidance on
November 8 2022, for the period ended December 31, was for
revenue between $270.00 million and $300.00 million.
    * ​Refinitiv's mean analyst estimate for CarGurus Inc is for
earnings of 10 cents per share. The company's EPS guidance on
November 8 2022, for the period ended December 31, was between
$0.13 and $0.16 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and 1 "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 CarGurus
Inc is
$19​, above​ its last closing price of $17.02. ​​​

The company's guidance on November 8 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD270 million and
USD14 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.25        0.26       0.21      Missed  -18
 Jun. 30 2022  0.31        0.31       0.32      Beat    3.2
 Mar. 31 2022  0.36        0.35       0.36      Beat    3.8​
 Dec. 31 2021  0.30        0.30       0.43      Beat    42.9
 ​​Sep.        0.33        0.32       0.38      Beat    17.3
 30 2021                                                
 Jun. 30 2021  0.25        0.25       0.41      Beat    65.2​
 Mar. 31 2021  0.22        0.22       0.33      Beat    50.3
 Dec. 31 2020  0.28        0.27       0.32      Beat    16.4
 This summary was machine generated February 25 at 03:08 GMT. 
All figures in US dollars  unless otherwise stated