CarGurus Inc - Class A logo

CARG

CarGurus Inc - Class A

$19.89

Earnings Summary

Revenue
$430.61Mn
Net Profits
$19.91Mn
Net Profit Margins
4.62%

Highlights

Revenue:

CarGurus Inc - Class A’s revenue jumped 151.28% since last year same period to $430.61Mn in the Q1 2022. On a quarterly growth basis, CarGurus Inc - Class A has generated 26.89% jump in its revenue since last 3-months.

Net Profits:

CarGurus Inc - Class A’s net profit jumped 1.84% since last year same period to $19.91Mn in the Q1 2022. On a quarterly growth basis, CarGurus Inc - Class A has generated -32.81% fall in its net profits since last 3-months.

Net Profit Margins:

CarGurus Inc - Class A’s net profit margin fell -59.47% since last year same period to 4.62% in the Q1 2022. On a quarterly growth basis, CarGurus Inc - Class A has generated -47.05% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the CarGurus Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.31
EPS Estimate Current Year
0.31

Highlights

EPS Estimate Current Quarter:

CarGurus Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.31 - a -11.43% fall from last quarter’s estimates.

EPS Estimate Current Year:

CarGurus Inc - Class A’s earning per share (EPS) estimates for the current year stand at 0.31.

Key Ratios

Key ratios of the CarGurus Inc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
0.36
Return on Assets (ROA)
0.09
Return on Equity (ROE)
0.15
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

CarGurus Inc - Class A’s earning per share (EPS) jumped 9.09% since last year same period to 0.36 in the Q1 2022. This indicates that the CarGurus Inc - Class A has generated 9.09% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. CarGurus Inc - Class A’s return on assets (ROA) stands at 0.09.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. CarGurus Inc - Class A’s return on equity (ROE) stands at 0.15.

Dividend Per Share (DPS):

CarGurus Inc - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
0.35
0.36
2.86%

Company Information

Founded in 2006, CarGurus is a global, online automotive marketplace connecting buyers and sellers of new and used cars. The Company uses proprietary technology, search algorithms and data analytics to bring trust and transparency to the automotive search experience and help users find great deals from top-rated dealers. CarGurus is the most visited automotive shopping site in the U.S. (source: Comscore Media Metrix® Multi-Platform, Automotive - Information/Resources, Total Audience, Q4 2020, U.S. (Competitive set includes: CarGurus.com, Autotrader.com,Cars.com, TrueCar.com)). In addition to the United States, CarGurus operates online marketplaces under the CarGurus brand in Canada and the United Kingdom. In the United States and the United Kingdom, CarGurus also operates the Autolist and PistonHeads online marketplaces, respectively, as independent brands. CarGurus also holds a majority stake in CarOffer, an instant trade digital wholesale platform based in Plano, Texas.

Organisation
CarGurus Inc - Class A
Headquarters
Cambridge, Massachusetts, US
Employees
827
Industry
Commercial Services
CEO
Langley Steinert