CarGurus Inc expected to post earnings of 30  cents a share - Earnings Preview

CarGurus

23/02/2022 24:27

* CarGurus Inc  CARG.OQ   CARG.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 24. 
    * The Cambridge Massachusetts-based  company is expected to
report
 a 84.7% increase in revenue to $279.888 million from $151.55
million a year ago, according to the mean estimate from 13
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CarGurus Inc is for
earnings of 30 cents per share. For the same quarter last year,
the company reported earnings of 32 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 2
"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 CarGurus
Inc is
$44​, about 26.9% above​ its last closing price of $32.15. ​​​
    * 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 2021  0.33        0.32       0.38      Beat    17.3
 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
 ​​Sep.        0.22        0.22       0.37      Beat    71.7
 30 2020                                                
 Jun. 30 2020  0.00        0.00       0.19      Beat    9,744.
                                                        6​
 Mar. 31 2020  0.07        0.07       0.19      Beat    157.8
 Dec. 31 2019  0.14        0.14       0.17      Beat    25.9
 This summary was machine generated February 23 at 00:27 GMT. 
All figures in US dollars  unless otherwise stated