CarGurus Inc reports results for the quarter ended March 31 - Earnings Summary

CarGurus

09/05/2025 24:11

CarGurus Inc CARG.OQ reported quarterly adjusted earnings of 46 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 32 cents.  The mean expectation of eleven analysts for the quarter was for earnings of 43 cents per share. Wall Street expected results to range from 40 cents to 46 cents per share.

Revenue rose 4.3% to $225.16 million from a year ago; analysts expected $226.58 million.

CarGurus Inc's reported EPS for the quarter was 37 cents​.

The company reported quarterly net income of $39.05 million.

CarGurus Inc shares had fallen by 2.7% this quarter and lost 22.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 3.8% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 4 "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 $40.00

This summary was machine generated from LSEG data May 8 at 11:11 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
Mar. 31 2025
0.43
0.46
Beat
Dec. 31 2024
0.52
0.55
Beat
Sep. 30 2024
0.42
0.45
Beat
Jun. 30 2024
0.33
0.41
Beat