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

CarGurus

28/02/2023 22:54

* CarGurus Inc  CARG.OQ  reported quarterly adjusted
earnings of
22 cents​​ per share for the quarter ended in December. The mean
expectation of thirteen analysts for the quarter was
for earnings of 10 cents per share.
    * Revenue fell 15.5% to $286.74 million from a year ago;
analysts
expected $281.41 million. 
    * CarGurus Inc's reported EPS for the quarter was 20 cents​.
    * The mean earnings estimate of analysts had risen by
about 2% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * CarGurus Inc shares had risen by 21.7% this quarter.
    * The company reported quarterly net income of $24.79
million.
    * Wall Street's median 12-month price target for CarGurus
Inc is
$19.00 
    * 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." 

This summary was machine generated from Refinitiv data February
28 at 10:53 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.10           0.22           Beat
 Sep. 30 2022      0.26           0.21           Missed
 Jun. 30 2022      0.31           0.32           Beat
 Mar. 31 2022      0.35           0.36           Beat