CarGurus Inc (CARG) reported better-than-expected financial results for the third quarter of fiscal 2025. The company posted earnings per share (EPS) of $0.57, surpassing Wall Street's consensus estimate of $0.56 by $0.01. However, revenue of $0.0B fell short of the anticipated $0.2B.
This update provides insight into CarGurus' operational performance and financial health. The company operates an online automotive platform that facilitates buying and selling vehicles, with a focus on enhancing its listings marketplace through digital retail solutions and the CarOffer digital wholesale platform. Headquartered in Boston, Massachusetts, CarGurus employs 1,282 full-time staff.
The firm operates through two segments: U.S. Marketplace and Digital Wholesale. The U.S. Marketplace segment provides services for customers within the United States, while the Digital Wholesale segment offers Dealer-to-Dealer and Instant Max Cash Offer (IMCO) services via the CarOffer platform.
CarGurus will host an earnings conference call to discuss these results and provide further commentary on business performance. Investors are encouraged to review the full earnings release for complete context on the quarter's performance and future outlook.
Looking ahead, the company is expected to report Q2 2026 earnings on May 5, 2026, with EPS estimated at $0.588 and revenue at $0.2B.