CAMBRIDGE, Mass., July 18, 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 second quarter ended June 30, 2024, after the close of the market on August 8, 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 August 8, 2024. To access ...

I wasn't keen on writing about used car stocks to buy. But then I read an article from early June in the Wall Street Journal that was an interesting take on used car sales. What that means when electric vehicles (EVs) become more commonplace than internal combustion-powered vehicles is anyone's guess. In the meantime, used car stocks have been all over the place in 2024. Let's look at three to buy as more consumers skip buying new ones. Source: Jonathan Weiss / Shutterstock.com On June 21, CarMax reported i ...

CAMBRIDGE, Mass., June 20, 2024 (GLOBE NEWSWIRE) -- CarGurus (NASDAQ:CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today released its 2024 Mid-Year Review, identifying areas of opportunity as affordability comes into greater focus for today's shopper. While this has helped prop up overall sales demand for new and used vehicles, consumer search activity shows growing desire for more affordable price points in light of decades-high interest rates and ...

CAMBRIDGE, Mass., May 28, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to participate in a fireside chat at William Blair's 44th Annual Growth Stock Conference on Tuesday, June 4, 2024 at 2:20 PM ET. 1 Similarweb: Traffic Insights, Q1 2024, U.S. Investor Contact: Kirndeep Singh Vice President, Head of Investor Relations investo ...

CAMBRIDGE, Mass., May 28, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to participate in a fireside chat at William Blair's 44th Annual Growth Stock Conference on Tuesday, June 4, 2024 at 2:20 PM ET. A webcast of the fireside chat will be accessible from the Investor Relations page of the company's website at https://investors ...

CAMBRIDGE, Mass., May 10, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to participate in a fireside chat at the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference on Monday, May 20, 2024 at 1:50 PM ET. A webcast of the fireside chat will be accessible from the Investor Relations page of the company's ...

CAMBRIDGE, Mass., May 10, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to participate in a fireside chat at the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference on Monday, May 20, 2024 at 1:50 PM ET. A webcast of the fireside chat will be accessible from the Investor Relations page of the company’ ...

Kirndeep Singh - VP, Head of IR Jason Trevisan - CEO Elisa Palazzo - President and COO Sam Zales - CFO Thank you, Operator Good afternoon. I'm delighted to welcome you to CarGurus' first quarter 2024 earnings call. With me on the call today are, Jason Trevisan, Chief Executive Officer; Sam Zales, President and Chief Operating Officer; and Elisa Palazzo, Chief Financial Officer. The robustness of our traffic metrics is fueled by sustained growth in organic and owned channels, including direct traffic and app ...

May 9, 2024 1 This presentation includes "forward-looking statements." The words "aim," "anticipate," "believe," "could," "estimate," "expect," "goal," "guide," "intend," "may," "might," "plan," "potential," "predicts," "projects," "seeks," "should," "target," "will," "would," and similar expressions and their negatives are intended to identify forward-looking statements. In particular, statements in this presentation regarding our transformation to a transaction-enabled platform; industry trends; our marke ...

CarGurus (CARG) reported $215.8 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 7%. EPS of $0.32 for the same period compares to $0.26 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $217.29 million, representing a surprise of -0.69%. The company delivered an EPS surprise of +10.34%, with the consensus EPS estimate being $0.29.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...