CarGurus Q2 Earnings and Revenue Surpass Estimates
ByAinvest
Friday, Aug 8, 2025 4:04 am ET1min read
CARG--
The company's non-GAAP adjusted EBITDA was $77.3 million, up 39% year-over-year (YoY), reflecting the company's sustained momentum in its Marketplace business [4]. CarGurus also announced a board-approved share repurchase program, increasing the 2025 authorization to $350 million and extending it through July 2026 [4].
Looking ahead, CarGurus expects adjusted EPS of $0.50 to $0.58 and revenue of $228.0 million to $233.0 million for the third quarter (Q3) 2025 [3]. The company also plans to wind down its CarOffer business, which was previously announced [4].
The stock price of CarGurus closed at $31.41, up 1.06% in the last three months and up 40.22% in the last 12 months [3]. The company has seen 11 positive EPS revisions and 0 negative revisions in the last 90 days, indicating a positive outlook from analysts [3].
CarGurus' performance highlights the resilience of the online auto shopping platform in the face of market challenges. The company's focus on its core Marketplace business and strategic initiatives, such as share repurchases and operational improvements, position it well for future growth.
References:
[1] https://finance.yahoo.com/news/cargurus-carg-tops-q2-earnings-221002091.html
[2] https://www.ainvest.com/news/orthopediatrics-2025-q2-earnings-misses-targets-revenue-beat-2508/
[3] https://www.investing.com/news/earnings/cargurus-earnings-beat-by-003-revenue-topped-estimates-4178277
[4] https://investors.cargurus.com/news-releases/news-release-details/cargurus-announces-second-quarter-2025-results-shares-plans-wind
FDS--
KIDS--
CarGurus Q2 non-GAAP earnings and revenue rose, beating estimates. The digital auto platform reported adjusted core profit of $0.57 per share and revenue of $234.0M, exceeding FactSet estimates. For Q3, CarGurus expects adjusted EPS of $0.50-$0.58 and revenue of $228.0M-$233.0M. The company plans to wind down its CarOffer business.
CarGurus (CARG) reported strong second-quarter (Q2) earnings, exceeding analyst expectations and demonstrating robust growth. The digital auto platform reported adjusted earnings per share (EPS) of $0.57, surpassing the FactSet consensus estimate of $0.54 [3]. Revenue for the quarter came in at $234.0 million, beating the consensus estimate of $232.68 million [3].The company's non-GAAP adjusted EBITDA was $77.3 million, up 39% year-over-year (YoY), reflecting the company's sustained momentum in its Marketplace business [4]. CarGurus also announced a board-approved share repurchase program, increasing the 2025 authorization to $350 million and extending it through July 2026 [4].
Looking ahead, CarGurus expects adjusted EPS of $0.50 to $0.58 and revenue of $228.0 million to $233.0 million for the third quarter (Q3) 2025 [3]. The company also plans to wind down its CarOffer business, which was previously announced [4].
The stock price of CarGurus closed at $31.41, up 1.06% in the last three months and up 40.22% in the last 12 months [3]. The company has seen 11 positive EPS revisions and 0 negative revisions in the last 90 days, indicating a positive outlook from analysts [3].
CarGurus' performance highlights the resilience of the online auto shopping platform in the face of market challenges. The company's focus on its core Marketplace business and strategic initiatives, such as share repurchases and operational improvements, position it well for future growth.
References:
[1] https://finance.yahoo.com/news/cargurus-carg-tops-q2-earnings-221002091.html
[2] https://www.ainvest.com/news/orthopediatrics-2025-q2-earnings-misses-targets-revenue-beat-2508/
[3] https://www.investing.com/news/earnings/cargurus-earnings-beat-by-003-revenue-topped-estimates-4178277
[4] https://investors.cargurus.com/news-releases/news-release-details/cargurus-announces-second-quarter-2025-results-shares-plans-wind
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet