Workflow
CarGurus(CARG)
icon
Search documents
CarGurus (CARG) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-08 02:00
CarGurus (CARG) reported $231.36 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 5.4%. EPS of $0.45 for the same period compares to $0.34 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $223.01 million, representing a surprise of +3.75%. The company delivered an EPS surprise of +7.14%, with the consensus EPS estimate being $0.42.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...
CarGurus (CARG) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-08 00:56
CarGurus (CARG) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this online auto shopping platform would post earnings of $0.34 per share when it actually produced earnings of $0.41, delivering a surprise of 20.59%.Over the last four quarters ...
CarGurus(CARG) - 2024 Q3 - Quarterly Report
2024-11-07 21:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |----------------------------------------------------------------------------------------------------------------------|------------------------------------------| | | | | F ...
CarGurus(CARG) - 2024 Q3 - Quarterly Results
2024-11-07 21:10
Exhibit 99.1 (1) CarGurus Announces Third Quarter 2024 Results Q3'24 Marketplace revenue further accelerated to 15% YoY Consolidated GAAP Net Income of $22.5 million 1, up 19% YoY; Non-GAAP Consolidated Adjusted EBITDA of $64.9 million, up 33% YoY CarGurus' Board of Directors authorized $200.0 million share repurchase program for fiscal year 2025 BOSTON, November 7, 2024 - CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles*, today a ...
Insights Into CarGurus (CARG) Q3: Wall Street Projections for Key Metrics
ZACKS· 2024-11-06 15:20
The upcoming report from CarGurus (CARG) is expected to reveal quarterly earnings of $0.42 per share, indicating an increase of 23.5% compared to the year-ago period. Analysts forecast revenues of $223.01 million, representing an increase of 1.6% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 3.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a com ...
CarGurus' Latest Digital Retail Solution Connects Canadian Dealers with Purchase-Ready Shoppers More Efficiently
GlobeNewswire News Room· 2024-11-04 14:00
BOSTON, Nov. 04, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the fastest-growing automotive shopping site in Canada1, today introduced a new digital retail solution that powers more seamless and efficient connections between dealers and purchase-ready shoppers in Canada. CarGurus Digital Deal enables consumers to start their financing application online for eligible new and used vehicles, book an appointment, and start a trade-in before completing the process at the dealership. “By allowing car shoppe ...
CarGurus To Report Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-10-17 20:05
BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the third quarter ended September 30, 2024, after the close of the market on November 7, 2024. CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time on November 7, 2024. To access t ...
CarGurus Celebrates Opening of New Global Headquarters in Boston
GlobeNewswire News Room· 2024-10-17 16:15
As the anchor tenant at 1001 Boylston St., CarGurus debuts state-of-the-art space designed to maximize connectivity, collaboration, and innovation BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today marked the opening of its new global headquarters in Boston's Back Bay neighborhood. Located at 1001 Boylston Street, the new office underscores CarGurus' commitment to the Boston region w ...
Need for Vehicle Affordability Becoming More Pronounced, According to New CarGurus Report
GlobeNewswire News Room· 2024-10-08 13:00
Analysis of third quarter trends also highlights hybrid demand overtaking electric vehicles, the ongoing balance between new car inventory and sales, and more BOSTON, Oct. 08, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today released its Quarterly Review for Q3 2024, identifying areas of opportunity as the consumer need for affordability becomes more pronounced. "As we near the end of 2024, it's cl ...
Best Growth Stocks to Buy for October 3rd
ZACKS· 2024-10-03 08:56
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, October 3: Vertex, Inc. (VERX) : This tax technology solutions provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days. Vertex has a PEG ratio of 6.57 compared with 44.22 for the industry. The company possesses a Growth Score of B. CarGurus, Inc. (CARG) : This online automotive marketplace a Zacks Rank #1, and has ...