What Makes CarGurus (CARG) a New Strong Buy Stock
CarGurus (CARG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
New Strong Buy Stocks for August 22nd
QFIN, SMFG, HOOD, NVMI and CARG have been added to the Zacks Rank #1 (Strong Buy) List on August 22, 2024.
CarGurus, Inc. (CARG) Q2 2024 Earnings Call Transcript
CarGurus, Inc. (NASDAQ:CARG ) Q2 2024 Earnings Conference Call August 8, 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 Nicholas Jones - Citizens JMP Securities LLC Jed Kelly - Oppenheimer & Co. Inc. Rajat Gupta - JPMorgan Chase & Co. Ryan Pfingst - B. Riley Securities, Inc. Marvin Fong - BTIG LLC Tom White - D.A.
Compared to Estimates, CarGurus (CARG) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for CarGurus (CARG) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
CarGurus (CARG) Surpasses Q2 Earnings and Revenue Estimates
CarGurus (CARG) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.29 per share a year ago.
CarGurus' stock gains more than 10% after online platform says it is becoming ‘integral' for dealers
CarGurus Inc. shares rallied more than 10% in the after-hours session Thursday after the online car-sales platform posted better-than-expected quarterly results and an adjusted profit guidance that was also above forecast.
Curious about CarGurus (CARG) Q2 Performance? Explore Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for CarGurus (CARG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
CarGurus (CARG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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.
3 Used Car Stocks to Buy as More Consumers Skip Buying New
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.
CarGurus: The Rebound Rally Has Steam
CarGurus is poised for a rebound as the company has turned around its marketplace business. It is now back to growing paid dealership counts, after several quarters of decline. User traffic is also rebounding, especially as CarGurus improves its available car inventory shown on the site.
