CarGurus Inc expected to post earnings of 35  cents a share - Earnings Preview

CarGurus

07/05/2022 03:08

* CarGurus Inc  CARG.OQ   CARG.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 9. 
    * The Cambridge Massachusetts-based  company is expected to
report
 a 135.2% increase in revenue to $403.115 million from $171.37
million a year ago, according to the mean estimate from 11
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CarGurus Inc is for
earnings of 35 cents per share. For the same quarter last year,
the company reported earnings of 33 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
$52​, above​ its last closing price of $31.75. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.30        0.30       0.43      Beat    42.9
 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.        0.28        0.27       0.32      Beat    16.4
 31 2020                                                
 Sep. 30 2020  0.22        0.22       0.37      Beat    71.7​
 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
 This summary was machine generated May 7 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated