Compared to Estimates, CarGurus (CARG) Q1 Earnings: A Look at Key Metrics

CarGurus (CARG) reported $243.56 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 8.2%. EPS of $0.58 for the same period compares to $0.46 a year ago.

The reported revenue represents a surprise of +0.03% over the Zacks Consensus Estimate of $243.49 million. With the consensus EPS estimate being $0.56, the EPS surprise was +4.04%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

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: 26,116 versus the three-analyst average estimate of 26,262.
  • Paying Dealers - International: 8,480 compared to the 8,545 average estimate based on three analysts.
  • Quarterly Average Revenue per Subscribing Dealer (QARSD) - Consolidated: $6,647.00 compared to the $6,636.30 average estimate based on three analysts.
  • Paying Dealers - Total: 34,596 compared to the 34,807 average estimate based on three analysts.
  • Quarterly Average Revenue per Subscribing Dealer (QARSD) - International: $2,468.00 versus the two-analyst average estimate of $2,445.94.
  • Quarterly Average Revenue per Subscribing Dealer (QARSD) - United States: $7,996.00 compared to the $7,954.26 average estimate based on two analysts.

View all Key Company Metrics for CarGurus here>>>

Shares of CarGurus have returned +8.2% over the past month versus the Zacks S&P 500 composite's +11.4% 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).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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