CarGurus Inc reports results for the quarter ended in December - Earnings Summary

CarGurus

25/02/2022 11:17

* CarGurus Inc  CARG.OQ  reported quarterly adjusted
earnings of
43 cents​​ per share for the quarter ended in December. The mean
expectation of eleven analysts for the quarter was for earnings
of 30 cents per share.
    * Revenue rose 6.1% to $160.76 million from a year ago; 
analysts
expected $279.89 million. 
    * CarGurus Inc's reported EPS for the quarter was a loss
of 68
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * CarGurus Inc shares had fallen by 4.1% this quarter.
    * The company reported a quarterly loss of $79.77 million.
    * Wall Street's median 12-month price target for CarGurus
Inc is
$44.00 
    * 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." 

This summary was machine generated February 25 at 11:17 a.m.
 ​All figures in US dollars unless otherwise stated