CarGurus (CARG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Equity Research | May 08, 2025, 7:00 PM

CarGurus (CARG) reported $225.16 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 4.3%. EPS of $0.46 for the same period compares to $0.32 a year ago.

The reported revenue represents a surprise of -0.79% over the Zacks Consensus Estimate of $226.95 million. With the consensus EPS estimate being $0.42, the EPS surprise was +9.52%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how CarGurus performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Paying Dealers - U.S: 25,153 versus 24,778 estimated by three analysts on average.
  • Paying Dealers - International: 7,219 compared to the 7,292 average estimate based on three analysts.
  • Quarterly Average Revenue per Subscribing Dealer (QARSD)- Consolidated: $6,173 compared to the $6,225.64 average estimate based on three analysts.
  • Paying Dealers - Total: 32,372 versus 32,069 estimated by three analysts on average.
  • Quarterly Average Revenue per Subscribing Dealer (QARSD)- International: $2,073 versus $2,131.37 estimated by two analysts on average.
  • Quarterly Average Revenue per Subscribing Dealer (QARSD)- United States: $7,369 versus $7,405.71 estimated by two analysts on average.
  • Revenue- Marketplace: $212.24 million versus $211.83 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +13.4% change.
  • Revenue- Wholesale: $7.75 million compared to the $9.22 million average estimate based on four analysts. The reported number represents a change of -51.9% year over year.
  • Revenue- Product: $5.18 million compared to the $7.39 million average estimate based on four analysts. The reported number represents a change of -58.6% year over year.
View all Key Company Metrics for CarGurus here>>>

Shares of CarGurus have returned +1.4% over the past month versus the Zacks S&P 500 composite's +11.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report


 
CarGurus, Inc. (CARG): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Mentioned In This Article

Latest News