Digital auto platform CarGurus Q2 adjusted core profit beats estimates

Reuters

2025/08/08

Digital auto platform CarGurus <a href="https://laohu8.com/S/QTWO">Q2</a> adjusted core profit beats estimates

Overview

CarGurus Q2 Marketplace revenue up 14% YoY, reflecting strong business momentum
Adjusted EBITDA for Q2 beats analyst expectations, indicating operational efficiency
Co to wind down CarOffer transactions business, focusing on analytics and sourcing
Board approves additional $150 mln share repurchase, extending authorization to $350 mln

Outlook

CarGurus sees Q3 2025 Marketplace revenue between $228 mln and $233 mln
Company expects Q3 2025 non-GAAP EPS of $0.50 to $0.58
CarGurus projects Q3 2025 adjusted EBITDA of $76.5 mln to $84.5 mln

Result Drivers

MARKETPLACE REVENUE - Driven by strong business momentum, Marketplace revenue rose 14% YoY
CAROFFER WIND DOWN - Co to wind down CarOffer transactions business, focusing on analytics and sourcing

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 Net Income		$22.30 mln
Q2 Adjusted EBITDA	Beat	$77.30 mln	$75.20 mln (14 Analysts)
Q2 Gross Profit		$204.40 mln
Q2 Operating Expenses		$179.50 mln

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for CarGurus Inc is $40.00, about 20.5% above its August 6 closing price of $31.81
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nGNX6970bP

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

应版权方要求，你需要登录查看该内容

登录 / 注册

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券 | 轻松买卖美股港股A股/美债/ETF/Crypto/期权期货","description":"老虎证券提供多项优惠：港股&Crypto 0佣、A股通一年免佣、美股期权0佣、IPO打新0融资利息0手续费。 美股1美元起投，免费实时行情与多种工具，立即开户享更多优惠！","keywords":"老虎证券,老虎证券开户,老虎证券香港,老虎证券登录,老虎证券官网,香港证券开户,证券公司开户,股票开户,香港证券公司,香港证券,证券公司,股票投资,投资app,投资平台,股票买卖,股票交易平台,股票app,证券app,新手投资","social":{"ogDescription":"老虎证券提供多项优惠：港股&Crypto 0佣、A股通一年免佣、美股期权0佣、IPO打新0融资利息0手续费。 美股1美元起投，免费实时行情与多种工具，立即开户享更多优惠！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2557859135"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2557859135\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2557859135?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-08-08 04:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2557859135","market":"nz","top_or_hot":-1,"title":"Digital auto platform CarGurus Q2 adjusted core profit beats estimates","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Digital auto platform CarGurus <a href=\"https://laohu8.com/S/QTWO\">Q2</a> adjusted core profit beats estimates</title></head><body><p><span>Overview</span></p><ul><li><p>CarGurus Q2 Marketplace revenue up 14% YoY, reflecting strong business momentum</p></li><li><p>Adjusted EBITDA for Q2 beats analyst expectations, indicating operational efficiency</p></li><li><p>Co to wind down CarOffer transactions business, focusing on analytics and sourcing</p></li><li><p>Board approves additional $150 mln share repurchase, extending authorization to $350 mln</p></li></ul><p><span>Outlook</span></p><ul><li><p>CarGurus sees Q3 2025 Marketplace revenue between $228 mln and $233 mln</p></li><li><p>Company expects Q3 2025 non-GAAP EPS of $0.50 to $0.58</p></li><li><p>CarGurus projects Q3 2025 adjusted EBITDA of $76.5 mln to $84.5 mln</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>MARKETPLACE REVENUE - Driven by strong business momentum, Marketplace revenue rose 14% YoY</p></li><li><p>CAROFFER WIND DOWN - Co to wind down CarOffer transactions business, focusing on analytics and sourcing</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q2 Net Income</p></td><td></td><td><p>$22.30 mln</p></td><td></td></tr><tr><td><p>Q2 Adjusted EBITDA</p></td><td><p>Beat</p></td><td><p>$77.30 mln</p></td><td><p>$75.20 mln (14 Analysts)</p></td></tr><tr><td><p>Q2 Gross Profit</p></td><td></td><td><p>$204.40 mln</p></td><td></td></tr><tr><td><p>Q2 Operating Expenses</p></td><td></td><td><p>$179.50 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 8 \"strong buy\" or \"buy\", 6 \"hold\" and no \"sell\" or \"strong sell\"</p></li><li><p>The average consensus recommendation for the online services peer group is \"buy\"</p></li><li><p>Wall Street's median 12-month price target for CarGurus Inc is $40.00, about 20.5% above its August 6 closing price of $31.81</p></li><li><p>The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months ago</p></li></ul><p>Press Release: <span>ID:nGNX6970bP</span></p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Digital auto platform CarGurus Q2 adjusted core profit beats estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDigital auto platform CarGurus Q2 adjusted core profit beats estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-08 04:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Digital auto platform CarGurus <a href=\"https://laohu8.com/S/QTWO\">Q2</a> adjusted core profit beats estimates</title></head><body><p><span>Overview</span></p><ul><li><p>CarGurus Q2 Marketplace revenue up 14% YoY, reflecting strong business momentum</p></li><li><p>Adjusted EBITDA for Q2 beats analyst expectations, indicating operational efficiency</p></li><li><p>Co to wind down CarOffer transactions business, focusing on analytics and sourcing</p></li><li><p>Board approves additional $150 mln share repurchase, extending authorization to $350 mln</p></li></ul><p><span>Outlook</span></p><ul><li><p>CarGurus sees Q3 2025 Marketplace revenue between $228 mln and $233 mln</p></li><li><p>Company expects Q3 2025 non-GAAP EPS of $0.50 to $0.58</p></li><li><p>CarGurus projects Q3 2025 adjusted EBITDA of $76.5 mln to $84.5 mln</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>MARKETPLACE REVENUE - Driven by strong business momentum, Marketplace revenue rose 14% YoY</p></li><li><p>CAROFFER WIND DOWN - Co to wind down CarOffer transactions business, focusing on analytics and sourcing</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q2 Net Income</p></td><td></td><td><p>$22.30 mln</p></td><td></td></tr><tr><td><p>Q2 Adjusted EBITDA</p></td><td><p>Beat</p></td><td><p>$77.30 mln</p></td><td><p>$75.20 mln (14 Analysts)</p></td></tr><tr><td><p>Q2 Gross Profit</p></td><td></td><td><p>$204.40 mln</p></td><td></td></tr><tr><td><p>Q2 Operating Expenses</p></td><td></td><td><p>$179.50 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 8 \"strong buy\" or \"buy\", 6 \"hold\" and no \"sell\" or \"strong sell\"</p></li><li><p>The average consensus recommendation for the online services peer group is \"buy\"</p></li><li><p>Wall Street's median 12-month price target for CarGurus Inc is $40.00, about 20.5% above its August 6 closing price of $31.81</p></li><li><p>The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months ago</p></li></ul><p>Press Release: <span>ID:nGNX6970bP</span></p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CARG","symbol_name":"Cargurus Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250807:nPLX713E98:2","article_id":"2557859135","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2557859135","pubTimestamp":1754599863,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Digital auto platform CarGurus Q2 adjusted core profit beats estimatesOverviewCarGurus Q2 Marketplace revenue up 14% YoY, reflecting strong business momentumAdjusted EBITDA for Q2 beats analyst expect","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CARG":"Cargurus Inc.","BK4077":"互动媒体与服务"},"translate_title":"数字汽车平台CarGurus第二季度调整后核心利润超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CARG":0.9},"content_text":"Digital auto platform CarGurus Q2 adjusted core profit beats estimatesOverviewCarGurus Q2 Marketplace revenue up 14% YoY, reflecting strong business momentumAdjusted EBITDA for Q2 beats analyst expectations, indicating operational efficiencyCo to wind down CarOffer transactions business, focusing on analytics and sourcingBoard approves additional $150 mln share repurchase, extending authorization to $350 mlnOutlookCarGurus sees Q3 2025 Marketplace revenue between $228 mln and $233 mlnCompany expects Q3 2025 non-GAAP EPS of $0.50 to $0.58CarGurus projects Q3 2025 adjusted EBITDA of $76.5 mln to $84.5 mlnResult DriversMARKETPLACE REVENUE - Driven by strong business momentum, Marketplace revenue rose 14% YoYCAROFFER WIND DOWN - Co to wind down CarOffer transactions business, focusing on analytics and sourcingKey DetailsMetricBeat/MissActualConsensus EstimateQ2 Net Income$22.30 mlnQ2 Adjusted EBITDABeat$77.30 mln$75.20 mln (14 Analysts)Q2 Gross Profit$204.40 mlnQ2 Operating Expenses$179.50 mlnAnalyst CoverageThe current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 8 \"strong buy\" or \"buy\", 6 \"hold\" and no \"sell\" or \"strong sell\"The average consensus recommendation for the online services peer group is \"buy\"Wall Street's median 12-month price target for CarGurus Inc is $40.00, about 20.5% above its August 6 closing price of $31.81The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months agoPress Release: ID:nGNX6970bP(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}