CarGurus (CARG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CarGurus, Inc. (CARG) adding dealers at home and abroad, making shares rise.
Here is how CarGurus (CARG) and OPENLANE (KAR) have performed compared to their sector so far this year.
Here is how CarGurus (CARG) and Geely Automobile Holdings Ltd. (GELYY) have performed compared to their sector so far this year.
CarGurus (CARG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
CARG's growth outlook is positive, driven by successful monetization of new products and increased dealer engagement, leading to mid-single-digit growth over the next two years. Recent earnings results show strong performance with revenue and EBITDA growth, supported by robust dealer adoption of CARG's value-added offerings. Despite strong execution and profitability improvements, the stock's current valuation suggests it is trading at fair value, limiting further share price appreciation.
Does CarGurus (CARG) have what it takes to be a top stock pick for momentum investors? Let's find out.
CarGurus (CARG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here is how Geely Automobile Holdings Ltd. (GELYY) and CarGurus (CARG) have performed compared to their sector so far this year.
CarGurus, Inc. (NASDAQ:CARG ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Kirndeep Singh - Vice President and Head of Investor Relations Jason Trevisan - Chief Executive Officer Elisa Palazzo - Chief Financial Officer Sam Zales - President and Chief Operating Officer Conference Call Participants Marvin Fong - BTIG LLC Nick Jones - JMP Securities Rajat Gupta - JPMorgan Doug Arthur - Huber Research Partners Operator Good day, and welcome to the CarGurus Earnings Conference Call. Please note, this event is being recorded.
CarGurus, Inc. CARG reported better-than-expected third-quarter financial results and issued FY24 guidance EPS guidance above estimates.
The headline numbers for CarGurus (CARG) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.