CarGurus Past Earnings Performance
Past criteria checks 0/6
CarGurus has been growing earnings at an average annual rate of 3.9%, while the Interactive Media and Services industry saw earnings growing at 13.4% annually. Revenues have been growing at an average rate of 14% per year.
Key information
3.9%
Earnings growth rate
2.9%
EPS growth rate
| Interactive Media and Services Industry Growth | 6.2% |
| Revenue growth rate | 14.0% |
| Return on equity | -9.8% |
| Net Margin | -5.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
CarGurus: Solid Monetization Strategy, But Upside Is Limited
Nov 21CarGurus: Take Profits Here As U.S. Web Traffic Declines (Rating Downgrade)
Sep 09CarGurus, Inc.'s (NASDAQ:CARG) Business Is Trailing The Industry But Its Shares Aren't
Aug 02
CarGurus: The Rebound Rally Has Steam
Jun 25Is CarGurus, Inc. (NASDAQ:CARG) Potentially Undervalued?
Apr 26CarGurus: Repositioned For Growth
Apr 14Subdued Growth No Barrier To CarGurus, Inc.'s (NASDAQ:CARG) Price
Apr 03CarGurus: Finally Getting Back On Its Feet, Buy Before Q4 Earnings (Rating Upgrade)
Jan 30Returns At CarGurus (NASDAQ:CARG) Appear To Be Weighed Down
Jan 03CarGurus, Inc. (NASDAQ:CARG) Shares Could Be 48% Below Their Intrinsic Value Estimate
Dec 12What Does CarGurus, Inc.'s (NASDAQ:CARG) Share Price Indicate?
Nov 14Is Now An Opportune Moment To Examine CarGurus, Inc. (NASDAQ:CARG)?
Aug 09CarGurus (NASDAQ:CARG) Has Some Way To Go To Become A Multi-Bagger
Jul 15When Should You Buy CarGurus, Inc. (NASDAQ:CARG)?
May 11CarGurus (NASDAQ:CARG) Has Some Way To Go To Become A Multi-Bagger
Apr 14CarGurus (NASDAQ:CARG) Could Be Struggling To Allocate Capital
Jan 01Revenue Downgrade: Here's What Analysts Forecast For CarGurus, Inc. (NASDAQ:CARG)
Nov 09CarGurus: Intriguing At All-Time Lows
Oct 12CarGurus selects Amazon Web Services as global cloud infrastructure provider
Oct 03CarGurus launches Instant Max Cash Offer to four additional states
Aug 18Returns On Capital At CarGurus (NASDAQ:CARG) Have Hit The Brakes
Aug 01Revenue & Expenses Breakdown
How CarGurus makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 889 | -49 | 479 | 145 |
| 30 Jun 24 | 877 | -49 | 471 | 144 |
| 31 Mar 24 | 898 | 36 | 467 | 145 |
| 31 Dec 23 | 914 | 31 | 457 | 146 |
| 30 Sep 23 | 978 | 214 | 379 | 141 |
| 30 Jun 23 | 1,185 | 299 | 366 | 136 |
| 31 Mar 23 | 1,456 | 272 | 390 | 130 |
| 31 Dec 22 | 1,655 | 194 | 410 | 124 |
| 30 Sep 22 | 1,708 | -45 | 458 | 119 |
| 30 Jun 22 | 1,504 | -123 | 457 | 116 |
| 31 Mar 22 | 1,211 | -85 | 420 | 112 |
| 31 Dec 21 | 951 | 0 | 388 | 106 |
| 30 Sep 21 | 764 | 105 | 353 | 99 |
| 30 Jun 21 | 688 | 108 | 338 | 94 |
| 31 Mar 21 | 565 | 87 | 298 | 88 |
| 31 Dec 20 | 551 | 78 | 319 | 86 |
| 30 Sep 20 | 558 | 66 | 349 | 84 |
| 30 Jun 20 | 561 | 43 | 389 | 81 |
| 31 Mar 20 | 611 | 42 | 451 | 77 |
| 31 Dec 19 | 589 | 42 | 444 | 69 |
| 30 Sep 19 | 557 | 41 | 427 | 65 |
| 30 Jun 19 | 526 | 45 | 408 | 60 |
| 31 Mar 19 | 491 | 72 | 382 | 55 |
| 31 Dec 18 | 454 | 65 | 355 | 48 |
| 30 Sep 18 | 419 | 55 | 334 | 42 |
| 30 Jun 18 | 382 | 42 | 310 | 35 |
| 31 Mar 18 | 348 | 11 | 282 | 28 |
| 31 Dec 17 | 317 | 7 | 259 | 22 |
| 30 Sep 17 | 287 | -22 | 232 | 17 |
| 30 Jun 17 | 257 | -22 | 207 | 15 |
| 31 Mar 17 | 227 | -24 | 186 | 13 |
| 31 Dec 16 | 198 | -26 | 167 | 11 |
| 31 Dec 15 | 99 | -18 | 88 | 8 |
Quality Earnings: CARG is currently unprofitable.
Growing Profit Margin: CARG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CARG is unprofitable, but has reduced losses over the past 5 years at a rate of 3.9% per year.
Accelerating Growth: Unable to compare CARG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CARG is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (-2.5%).
Return on Equity
High ROE: CARG has a negative Return on Equity (-9.83%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:46 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CarGurus, Inc. is covered by 21 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Daniel Kurnos | Benchmark Company |
| Naved Khan | B. Riley Securities, Inc. |