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.
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) 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.
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.
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) 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.
CarGurus, Inc. (CARG) adding dealers at home and abroad, making shares rise.
Here is how CarGurus (CARG) and OPENLANE (KAR) have performed compared to their sector so far this year.
Here is how CarGurus (CARG) and Geely Automobile Holdings Ltd. (GELYY) have performed compared to their sector so far this year.
CarGurus (CARG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
CARG's growth outlook is positive, driven by successful monetization of new products and increased dealer engagement, leading to mid-single-digit growth over the next two years. Recent earnings results show strong performance with revenue and EBITDA growth, supported by robust dealer adoption of CARG's value-added offerings. Despite strong execution and profitability improvements, the stock's current valuation suggests it is trading at fair value, limiting further share price appreciation.
Does CarGurus (CARG) have what it takes to be a top stock pick for momentum investors? Let's find out.