Investors are always looking for stocks that are poised to beat at earnings season and CarGurus, Inc. (CARG) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because CarGurus is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indic ...

CAMBRIDGE, Mass., April 18, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the first quarter ended March 31, 2024, after the close of the market on May 9, 2024. CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time on May 9, 2024. To access the ...

公司业务 - CarGurus是美国最大的二手车研究网站，拥有强大的流量和用户基础[4],[6] - 公司拥有稳定的收入来源，来自付费汽车经销商的费用收入持续增长[5],[9] - CarGurus在市场业务上表现出色，市场营收增长10%，EBITDA增长27%[11],[14]

CAMBRIDGE, Mass., April 08, 2024 (GLOBE NEWSWIRE) -- CarGurus (NASDAQ:CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today released its Quarterly Review for Q1 2024, giving buyers, sellers, and dealers a view into the key trends influencing pricing, inventory, and demand for new and used vehicles so far this year. "Rebounding inventory and moderating prices are fueling pent-up demand in spite of high interest rates. Our research shows sales for both ...

Through the past several months, buying a car — used or new — has been, to put it mildly, out of reach.Inflation has run rampant. Loans themselves — where there were loans to be gotten — were expensive. And as detailed here, delinquencies have been on the rise.For many of the online platforms seeking to transform car buying, and financing across the ecosystem, the journey’s been a rough and rocky road. Yet earnings season shows that if the industry has not exactly turned a corner, then at least the engines ...

Key PointsThe vehicle market will soon see a newfound wave of demand or a continuation in the used car market.Most players point to CarGurus as the one stock in this space that will emerge as a potential new bull run.Analysts and institutional investors have already trickled in, will you?5 stocks we like better than AutoNationSome businesses could soon see the bullish side effects of a resilient consumer amongst the pretext of potential interest rate cuts coming this year from the FED. According to the FedW ...

财务数据和关键指标变化 - 2023年第四季度总收入为2.23亿美元,同比下降22%,环比增长2%,主要由于批发和产品收入下降 [46] - 2023年第四季度Marketplace收入为1.82亿美元,同比增长约10%,环比增长2%,主要由于MRR的最大季度扩张和广告收入稳定 [46] - 2023年第四季度QARSD同比增长12%至6,532美元,为自引入QARSD作为关键指标以来最高的年同比增长率 [16] - 2023年第四季度批发收入为2,200万美元,同比下降7%,环比增长1%,主要由于交易量略有增加 [47] - 2023年第四季度产品收入为1,900万美元,同比下降81%,环比下降5%,主要由于交易量限制和ASP下降 [48] 各条业务线数据和关键指标变化 - Marketplace业务在2023年表现出色,收入增长加速,并对EBITDA有重大贡献 [14] - 批发业务方面,公司正在优化运营效率,提高检验、过户和运输能力,以降低仲裁率和提高成本效率 [63][64] - 数字零售业务方面,Digital Deal产品在2023年末达到4,667家经销商,同比增长约200% [31] 各个市场数据和关键指标变化 - 加拿大市场收入增长加速,英国市场实现盈利,公司已在所有市场实现盈利 [11] - 国际业务在收益和盈利能力方面表现良好,公司正在适度增加营销投入以推动进一步增长 [76][77] 公司战略和发展方向及行业竞争 - 公司将继续优化QARSD的所有驱动因素,包括以市场价格增加新经销商、扩大现有经销商的钱包份额、产品创新和采用以及线索数量和质量 [18][19] - 公司将评估经销商并执行续约,以使条款与其提供的ROI保持一致,同时探索新的产品交叉销售和升级机会 [19] - 公司正在投资于人工智能和数据洞察,以提高内部平台效率、提升消费者体验和为经销商提供可操作的洞见 [22][23][24] - 公司正在整合零售和批发业务,提供端到端的交易支持平台,为经销商提供更多获取消费者库存和为消费者提供更多选择的方式 [25][26][27] - 公司正在投资于数字零售能力,包括Digital Deal和CG Buy Online,以满足消费者日益增长的在线购车需求 [29][34] - 公司正在加强品牌建设,以提高直接和自有渠道流量,并建立消费者忠诚度 [36][37] 管理层对经营环境和未来前景的评论 - 尽管面临消费需求疲软、负担能力下降和融资成本上升等挑战,公司的核心Marketplace业务仍表现出韧性、定价能力和增长加速 [15] - 公司对2024年的机遇充满信心,包括在Marketplace业务中获取更多价值、整合并扩展CarOffer的批发业务以及继续投资创新增长计划如数字零售 [38][39] - 公司将保持财务纪律,优化运营卓越和有效的资本配置,以提高盈利能力并创造股东价值 [39] 问答环节重要的提问和回答 问题1 **Marvin Fong提问** 询问CarOffer业务的运营效率和财务纪律方面的具体指标和目标 [62] **Elisa Palazzo回答** 公司正在努力提高CarOffer的运营效率,包括改善检验、过户和运输能力,降低仲裁率,同时控制固定成本。预计未来几个季度内将实现盈利增长 [63][64] 问题2 **Rajat Gupta提问** 询问第一季度收入和EBITDA指引下降的具体原因 [73] **Jason Trevisan回答** 主要由于营销支出的季节性增加、CarOffer业务的一次性利好因素在第四季度不会重复,以及广告收入的季节性因素 [74] 问题3 **Thomas White提问** 询问Sell My Car Top Dealer Offer产品的转化率和定价情况 [86] **Samuel Zales回答** 该产品转化率超出预期,公司正在测试一款旨在建立消费者和经销商之间信任的工具,以确保客户体验卓越。公司可能会根据实际转化情况调整定价 [87][88][89][90]

For the quarter ended December 2023, CarGurus (CARG) reported revenue of $223.12 million, down 22.2% over the same period last year. EPS came in at $0.35, compared to $0.22 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $218.14 million, representing a surprise of +2.28%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.35.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

CarGurus Inc. shares fell more than 11% in the extended session Monday after investors looked past a better-than-expected quarter for the online car-selling platform to zero in on weaker current-quarter guidance. CarGurus CARG, +0.21% lost $23.7 million, or 21 cents a share, in the fourth quarter, contrasting with gains of $159 million, or 20 cents a share, in the year-ago period. Adjusted for one-time items, the company earned 35 cents a share. Revenue fell 22% to $223.1 million. Analysts polled by FactSe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-38233 CarGurus, Inc. (Exact name of Registrant as specified in its charter) Delaware 04-3843478 (State or other jurisdiction of (I.R. ...