For the quarter ended December 2024, CarGurus (CARG) reported income of $228.54 million, up 2.4% over the identical interval final 12 months. EPS got here in at $0.55, in comparison with $0.35 within the year-ago quarter.
The reported income represents a shock of -0.79% over the Zacks Consensus Estimate of $230.37 million. With the consensus EPS estimate being $0.50, the EPS shock was +10.00%.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers undertaking a inventory’s worth efficiency extra precisely.
Right here is how CarGurus carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Paying Sellers – Complete: 32,010 versus the three-analyst common estimate of 31,934.
- Quarterly Common Income per Subscribing Seller (QARSD)- Consolidated: $6,144 versus $6,186.98 estimated by two analysts on common.
- Paying Sellers – U.S: 24,692 versus 24,678 estimated by two analysts on common.
- Paying Sellers – Worldwide: 7,318 in comparison with the 7,222 common estimate primarily based on two analysts.
- Income- Market: $210.20 million in comparison with the $211.01 million common estimate primarily based on 4 analysts. The reported quantity represents a change of +15.3% 12 months over 12 months.
- Income- Wholesale: $9.90 million versus $10.45 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a -55% change.
- Income- Product: $8.50 million versus the four-analyst common estimate of $9.12 million. The reported quantity represents a year-over-year change of -54.8%.
View all Key Company Metrics for CarGurus here>>>
Shares of CarGurus have returned -0.9% over the previous month versus the Zacks S&P 500 composite’s +2.6% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out in step with the broader market within the close to time period.
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CarGurus, Inc. (CARG) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
