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CarGurus (CARG) Earnings Date, Estimates & Call Transcripts

$25.30
-0.19 (-0.75%)
(As of 07/12/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 14Estimated
Actual EPS
(May. 9)
$0.22 Beat By $0.03
Consensus EPS
(May. 9)
$0.19
Skip Charts & View Estimated and Actual Earnings Data

CARG Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CARG Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

CarGurus Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$0.18$0.18$0.180.240 - 0.290
Q2 20242$0.21$0.21$0.210.290 - 0.340
Q3 20242$0.22$0.23$0.23 
Q4 20242$0.23$0.26$0.25 
FY 20248$0.84$0.88$0.86 
Q1 20251$0.24$0.24$0.24 
Q2 20251$0.22$0.22$0.22 
Q3 20251$0.20$0.20$0.20 
Q4 20251$0.16$0.16$0.16 
FY 20254$0.82$0.82 $0.82

CARG Earnings Date and Information

CarGurus last posted its earnings results on May 9th, 2024. The reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.03. The firm earned $215.80 million during the quarter, compared to analysts' expectations of $217.29 million. CarGurus has generated $0.28 earnings per share over the last year ($0.28 diluted earnings per share) and currently has a price-to-earnings ratio of 90.4. Earnings for CarGurus are expected to grow by 25.51% in the coming year, from $0.98 to $1.23 per share. CarGurus has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 14th, 2024 based off prior year's report dates.

CarGurus Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/14/2024
(Estimated)
------- 
5/9/2024Q1 2024$0.19$0.22+$0.03$0.24$217.29 million$215.80 million
2/26/2024Q4 2023$0.34$0.35+$0.01($0.07)$220.05 million$223.12 million    
11/7/2023Q3 2023$0.17$0.24+$0.07$0.31$215.65 million$219.42 million
8/9/2023Q2 2023$0.13$0.18+$0.05$0.24$229.97 million$239.74 million
5/9/2023Q1 2023($0.02)$0.16+$0.18$0.22$207.09 million$231.96 million
2/28/2023Q4 2022($0.04)$0.25+$0.29$0.30$279.28 million$286.74 million
11/8/2022Q3 2022$0.03$0.26+$0.23$0.38$463.18 million$426.45 million
8/8/2022Q2 2022$0.11$0.15+$0.04$0.39$507.31 million$511.20 million    
5/9/2022Q1 2022$0.20$0.18($0.02)$0.89$392.66 million$430.60 million    
2/24/2022Q4 2021$0.16$0.26+$0.10$1.20$279.91 million$339.34 million    
11/8/2021Q3 2021$0.19$0.38+$0.19$0.32$215.32 million$222.92 million    
8/5/2021Q2 2021$0.14$0.29+$0.15$0.35$190.00 million$217.75 million
5/6/2021Q1 2021$0.23$0.33+$0.10$0.29$159.17 million$174.10 million  
2/10/2021Q4 2020$0.19$0.32+$0.13$0.26$148.63 million$151.55 million  
11/5/2020Q3 2020$0.22$0.37+$0.15$0.31$135.93 million$147.50 million  
8/6/2020Q2 2020$0.01$0.19+$0.18$0.12$86.55 million$94.70 million  
5/7/2020Q1 2020$0.07$0.19+$0.12$0.13$150.06 million$157.70 million  
2/13/2020Q4 2019$0.14$0.17+$0.03$0.12$154.80 million$158.15 million  
11/5/2019Q3$0.04$0.14+$0.10$0.09$147.99 million$150.50 million  
8/6/2019Q2 2019$0.07$0.10+$0.03$0.03$140.67 million$145.03 million  

CarGurus Earnings - Frequently Asked Questions

When is CarGurus's earnings date?

CarGurus has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 14th, 2024 based off last year's report dates. Learn more on CARG's earnings history.

What guidance has CarGurus issued on next quarter's earnings?

CarGurus issued an update on its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided EPS guidance of 0.290-0.340 for the period, compared to the consensus earnings per share estimate of 0.300. The company issued revenue guidance of $202.0 million-$222.0 million, compared to the consensus revenue estimate of $224.5 million.

Did CarGurus beat their earnings estimates last quarter?

In the previous quarter, CarGurus (NASDAQ:CARG) reported $0.22 earnings per share (EPS) to beat the analysts' consensus estimate of $0.19 by $0.03. Learn more on analysts' earnings estimate vs. CARG's actual earnings.

How much revenue does CarGurus generate each year?

CarGurus (NASDAQ:CARG) has a recorded annual revenue of $898.08 million.

How much profit does CarGurus generate each year?

CarGurus (NASDAQ:CARG) has a recorded net income of $31.10 million. CARG has generated $0.28 earnings per share over the last four quarters.

What is CarGurus's price-to-earnings ratio?

CarGurus (NASDAQ:CARG) has a trailing price-to-earnings ratio of 90.36 and a forward price-to-earnings ratio of 25.82. The price/earnings-to-growth ratio is 1.47.

What is CarGurus's EPS forecast for next year?

CarGurus's earnings are expected to grow from $0.98 per share to $1.23 per share in the next year, which is a 25.51% increase.


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This page (NASDAQ:CARG) was last updated on 7/14/2024 by MarketBeat.com Staff

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