How does CARG's earnings trend compare year-over-year?


Aime
CarGurus' earnings trend shows a positive year-over-year comparison, with several key metrics indicating growth and robust performance:
- Earnings Per Share (EPS):
- CarGurus reported an EPS of $0.55 for Q4 2024, which surpassed analysts' expectations1.
- This compares to an EPS of $0.34 for Q4 20232, reflecting a significant year-over-year increase.
- Revenue Growth:
- The company's consolidated revenue increased by 2% year-over-year, reaching $229 million1.
- Marketplace revenue, a critical segment, grew by 15% year-over-year, reaching $210 million1.
- Marketplace Revenue Segments:
- CarGurus' marketplace revenue, which includes revenue from new and used car listings, grew by 15% year-over-year1.
- This indicates strong demand and engagement from dealers and consumers, contributing to the company's overall revenue growth.
- Wholesale Segment Performance:
- The Digital Wholesale segment faced challenges, with an $18 million adjusted EBITDA loss1.
- However, this segment's revenue was not provided, making it difficult to assess the full scope of its impact on the company's overall revenue.
- International Expansion and AI Integration:
- CarGurus plans continued investment in international markets and AI integration1.
- These strategic initiatives are likely to support future growth and reinforce the company's competitive position in the automotive retail sector.
In conclusion, CarGurus has demonstrated strong year-over-year earnings growth, driven by robust marketplace revenue and strategic initiatives. While challenges exist in specific segments, the company's overall trajectory indicates a positive outlook.
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