CarGurus: Momentum Breaking On Revenue Deceleration, Wait For A Better Price
CarGurus' Q4 earnings missed revenue expectations, leading to a ~10% stock drop and signaling a potential correction to value-stock territory. Despite strong dealer additions and profitability improvements, CarGurus' growth is slowing, with revenue growth expected in the mid-single digits for FY25. Rising used car prices and high auto financing rates pose significant risks, potentially dampening demand and impacting future performance.
CarGurus: Rocky Recovery Ahead
CarGurus, Inc. is recovering from a rough patch due to the post pandemic market swing, with improving profitability metrics and strong marketplace growth. The platform offers the best ROI for independent dealers, attracting more dealers and increasing inventory. Gross profit margins and EBITDA margins are rising, driven by a favorable revenue mix and marketplace business expansion.
CarGurus, Inc. (CARG) Q4 2024 Earnings Call Transcript
CarGurus, Inc. (NASDAQ:CARG ) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET Company Participants Kirndeep Singh - Vice President and Head of Investor Relations Jason Trevisan - Chief Executive Officer Elisa Palazzo - Chief Financial Officer Sam Zales - President and Chief Operating Officer Conference Call Participants Vincent Kardos - Jefferies Ralph Schackart - William Blair Rajat Gupta - JPMorgan Marvin Fong - BTIG Ryan Powell - B. Riley Securities Nick Jones - Citizens JMP Chris Pierce - Needham & Company Doug Arthur - Huber Research Partners Tom White - D.A.
Compared to Estimates, CarGurus (CARG) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for CarGurus (CARG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
CarGurus (CARG) Tops Q4 Earnings Estimates
CarGurus (CARG) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.35 per share a year ago.
Countdown to CarGurus (CARG) Q4 Earnings: Wall Street Forecasts for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for CarGurus (CARG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Why CarGurus (CARG) Could Beat Earnings Estimates Again
CarGurus (CARG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
CarGurus (CARG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
CarGurus (CARG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dealer Additions Driving CarGurus Growth
CarGurus, Inc. (CARG) adding dealers at home and abroad, making shares rise.
Is CarGurus (CARG) Outperforming Other Auto-Tires-Trucks Stocks This Year?
Here is how CarGurus (CARG) and OPENLANE (KAR) have performed compared to their sector so far this year.
Are Auto-Tires-Trucks Stocks Lagging CarGurus (CARG) This Year?
Here is how CarGurus (CARG) and Geely Automobile Holdings Ltd. (GELYY) have performed compared to their sector so far this year.
Earnings Estimates Rising for CarGurus (CARG): Will It Gain?
CarGurus (CARG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
