CarGurus (CARG) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for CarGurus (CARG) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
For the quarter ended June 2026, CarGurus (CARG) reported revenue of $250.97 million, up 7.2% over the same period last year. EPS came in at $0.66, compared to $0.57 in the year-ago quarter.
The reported revenue represents a surprise of +0.62% over the Zacks Consensus Estimate of $249.43 million. With the consensus EPS estimate being $0.62, the EPS surprise was +6.45%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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: 26,151 versus the three-analyst average estimate of 26,297.
- Paying Dealers - International: 8,478 versus the three-analyst average estimate of 8,640.
- Quarterly Average Revenue per Subscribing Dealer (QARSD) - Consolidated: $6,771.00 versus $6,756.05 estimated by three analysts on average.
- Paying Dealers - Total: 34,629 versus 34,937 estimated by three analysts on average.
- Quarterly Average Revenue per Subscribing Dealer (QARSD) - International: $2,568.00 compared to the $2,533.41 average estimate based on two analysts.
- Quarterly Average Revenue per Subscribing Dealer (QARSD) - United States: $8,134.00 compared to the $8,089.57 average estimate based on two analysts.
View all Key Company Metrics for CarGurus here>>>
Shares of CarGurus have returned +6.5% over the past month versus the Zacks S&P 500 composite's +3.3% 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.
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This article originally published on Zacks Investment Research (zacks.com).