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Curious about CarGurus (CARG) Q2 Performance? Explore Wall Street Estimates for Key Metrics
CARGCarGurus(CARG) ZACKS·2024-08-07 14:20

Group 1 - Analysts project CarGurus (CARG) will announce quarterly earnings of 0.34pershare,a17.20.34 per share, a 17.2% increase year over year [1] - Revenues are expected to reach 214.85 million, reflecting a decline of 10.4% from the same quarter last year [1] - The consensus EPS estimate has been revised upward by 0.7% over the past 30 days, indicating a collective reassessment by analysts [2] Group 2 - Revenue from the Marketplace is projected to be 191.46million,showingayearoveryearincreaseof12191.46 million, showing a year-over-year increase of 12% [5] - Revenue from Wholesale is estimated at 13.60 million, indicating a significant decline of 57.4% year over year [5] - Revenue from Product is expected to be $9.98 million, reflecting a decrease of 72.9% from the previous year [5] Group 3 - The average estimate for Total Paying Dealers is 31,141, slightly up from 31,097 year over year [6] - Paying Dealers in the U.S. are expected to reach 24,502, compared to 24,220 in the previous year [6] - International Paying Dealers are projected at 6,778, down from 6,877 year over year [6] Group 4 - CarGurus shares have decreased by 11.1% in the past month, contrasting with a 5.9% decline in the Zacks S&P 500 composite [6] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market [6]