CarGurus, Inc. reports results for the quarter ended June 30 - Earnings Summary

CarGurus

06/08/2026 23:20

CarGurus, Inc. CARG.OQ reported quarterly adjusted earnings of 66 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 57 cents.  The mean expectation of thirteen analysts for the quarter was for earnings of 61 cents per share. Wall Street expected results to range from 59 cents to 64 cents per share.
Revenue rose 7.2% to $250.97 million from a year ago; analysts expected $249.87 million. 
CarGurus, Inc.'s reported EPS for the quarter was 54 cents​.
The company reported quarterly net income of $49.19 million.
CarGurus, Inc. shares had risen by 6.8% this quarter and lost 5.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.7% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy" 
Wall Street's median 12-month price target for CarGurus, Inc. is $37.81, about 3.7% above its last closing price of $36.41
This summary was machine generated from LSEG data August 6 at 10:20 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.61
0.66
Beat
Mar. 31 2026 
0.57
0.58
Beat
Dec. 31 2025 
0.63
0.63
Met
Sep. 30 2025 
0.56
0.58
Beat