Compared to Estimates, CarGurus (CARG) Q4 Earnings: A Look at Key Metrics

For the quarter ended December 2024, CarGurus (CARG) reported revenue of $228.54 million, up 2.4% over the same period last year. EPS came in at $0.55, compared to $0.35 in the year-ago quarter.The reported revenue represents a surprise of -0.79% over the Zacks Consensus Estimate of $230.37 million. With the consensus EPS estimate being $0.50, the EPS surprise was +10.00%.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 - Total: 32,010 versus the three-analyst average estimate of 31,934. Quarterly Average Revenue per Subscribing Dealer (QARSD)- Consolidated: $6,144 versus $6,186.98 estimated by two analysts on average. Paying Dealers - U.S: 24,692 versus 24,678 estimated by two analysts on average. Paying Dealers - International: 7,318 compared to the 7,222 average estimate based on two analysts. Revenue- Marketplace: $210.20 million compared to the $211.01 million average estimate based on four analysts. The reported number represents a change of +15.3% year over year. Revenue- Wholesale: $9.90 million versus $10.45 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -55% change. Revenue- Product: $8.50 million versus the four-analyst average estimate of $9.12 million. The reported number represents a year-over-year change of -54.8%. View all Key Company Metrics for CarGurus here>>>Shares of CarGurus have returned -0.9% over the past month versus the Zacks S&P 500 composite's +2.6% 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.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>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 ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks