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CarGurus (CARG) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKSยท 2025-08-06 14:16
Core Insights - CarGurus (CARG) is expected to report quarterly earnings of $0.54 per share, a 31.7% increase year-over-year, with revenues projected at $232.7 million, reflecting a 6.4% year-over-year increase [1] Earnings Projections - There have been no revisions in the consensus EPS estimate for the quarter over the last 30 days, indicating stability in analysts' forecasts [1][2] Revenue Estimates - The consensus estimate for 'Revenue- Marketplace' is $221.50 million, indicating a year-over-year increase of 13.5% [4] - The estimate for 'Revenue- Wholesale' is $6.89 million, showing a significant decline of 47.5% from the previous year [4] - Analysts predict 'Revenue- Product' to be $4.91 million, reflecting a year-over-year decrease of 52.8% [4] Dealer Metrics - The projected number of 'Paying Dealers - U.S' is 25,322, up from 24,446 in the same quarter last year [5] - 'Paying Dealers - International' is expected to reach 7,288, compared to 6,906 in the same quarter last year [5] - The total 'Paying Dealers' is forecasted to be 32,611, an increase from 31,352 in the same quarter last year [5] Stock Performance - CarGurus shares have decreased by 6.6% over the past month, contrasting with a 0.5% increase in the Zacks S&P 500 composite [6] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [6]
CarGurus(CARG) - 2025 Q1 - Earnings Call Presentation
2025-05-08 20:17
Financial Performance - Q1 2025 - Total revenue reached $225.2 million[9], with U S Marketplace & Other contributing $212.2 million[9] and Digital Wholesale accounting for $12.9 million[9] - U S Marketplace & Other revenue grew by 13% year-over-year[9] - Non-GAAP Adjusted EBITDA was $66.3 million[9], representing a 29% margin[9] - Digital Wholesale revenue was $12.9 million[9], with a Non-GAAP Gross Profit of $1.982 million[50] and a Non-GAAP Gross Profit Margin of 15%[50] Key Metrics and Growth Drivers - The paying dealer base increased by 1,197 dealers year-over-year[23], reaching a total of 32,372 dealers[23] - U S QARSD (Quarterly Average Revenue per Subscription Dealer) was $6,173[18] - International QARSD was $2,073[18] - CarGurus has 60% more average monthly visits than its closest competitor[28] Q2 2025 Outlook - The company projects total revenue between $222 million and $242 million[41] - Marketplace revenue is expected to be between $219.5 million and $224.5 million[41] - Non-GAAP Adjusted EBITDA is forecasted to be between $71.5 million and $79.5 million[41]