1 week ago - investorplace.com

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.

1 week ago - seekingalpha.com

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.

2 weeks ago - globenewswire.com

CarGurus mid-year analysis finds sedans, electric vehicles, and 2023 models offer biggest opportunities on the road toward affordability CAMBRIDGE, Mass., June 20, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No.

1 month ago - globenewswire.com

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 month ago - globenewswire.com

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.

1 month ago - seekingalpha.com

CarGurus, Inc. (NASDAQ:CARG ) Q1 2024 Earnings Call Transcript May 9, 2024 5:00 PM ET Company Participants Kirndeep Singh - VP, Head of IR Jason Trevisan - CEO Elisa Palazzo - President and COO Sam Zales - CFO Conference Call Participants Marvin Fong - BTIG Jed Kelly - Oppenheimer & Company Rajat Gupta - JPMorgan John Colantuoni - Jefferies Naved Khan - B. Riley Tom White - D.A.

1 month ago - zacks.com

Although the revenue and EPS for CarGurus (CARG) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

1 month ago - zacks.com

CarGurus (CARG) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.26 per share a year ago.

1 month ago - globenewswire.com

1Q'24 Marketplace Revenue and QARSD growth accelerated further to 12% YoY and 14% YoY, respectively 1Q'24 Consolidated Net Income of $21.3 million, up 80% YoY; 1Q'24 Non-GAAP Adjusted EBITDA of $50.4 million, up 24% YoY Repurchased $81.1 million worth of shares in 1Q'24, representing 3.3% of our outstanding capital CAMBRIDGE, Mass., May 09, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No.

1 month ago - zacks.com

CarGurus (CARG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

2 months ago - zacks.com

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for CarGurus (CARG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.

2 months ago - zacks.com

CarGurus (CARG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - fool.com

A sizable debt burden and a lack of profits introduce financial risk for this business. This company will struggle to post consistent growth in a higher rate environment.

2 months ago - headlinesoftoday.com

CAMBRIDGE, Mass., April 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 first quarter ended March 31, 2024, after the close of the market on May 9, … The post CarGurus To Report First Quarter 2024 Financial Results appeared first on Headlines of Today...

2 months ago - globenewswire.com

CAMBRIDGE, Mass., April 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 first quarter ended March 31, 2024, after the close of the market on May 9, 2024.

2 months ago - seekingalpha.com

CarGurus is a solid turnaround name that is insulated from market volatility and has a reasonable valuation. The company is the #1 site for used car research in the U.S. and has seen re-accelerating growth and strong traffic results. Improved profitability in its wholesale subsidiary, CarOffer, has substantially lifted the stock's adjusted EBITDA profile.

2 months ago - globenewswire.com

The CarGurus Quarterly Review for Q1 2024 reviews the key trends influencing pricing, inventory, and demand for new and used vehicles so far this year.

3 months ago - globenewswire.com

CAMBRIDGE, Mass., March 25, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No.

3 months ago - pymnts.com

Through the past several months, buying a car — used or new — has been, to put it mildly, out of reach. Inflation has run rampant.

4 months ago - marketbeat.com

Some businesses could soon see the bullish side effects of a resilient consumer amongst the pretext of potential interest rate cuts coming this year from the FED. According to the FedWatch tool at the CME Group NASDAQ: CME, these pivots could be coming as soon as May of this year.

4 months ago - seekingalpha.com

CarGurus, Inc. (NASDAQ:CARG) Q4 2023 Earnings Conference Call February 26, 2024 5:00 PM ET

4 months ago - zacks.com

The headline numbers for CarGurus (CARG) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

4 months ago - marketwatch.com

CarGurus Inc. shares fell more than 11% in the extended session Monday after investors looked past a better-than-expected quarter for the online car-selling platform to zero in on weaker current-quarter guidance.

4 months ago - globenewswire.com

4Q'23 Marketplace Revenue further accelerated to 10% YoY, fastest pace in 10 quarters 4Q'23 Consolidated Net Loss of $(22.6) million, down 197% YoY; 4Q'23 Non-GAAP Consolidated Adjusted EBITDA of $61.2 million, up 120% YoY Repurchased $99.9 million worth of shares in 4Q'23 and a total of $204.1 million worth of shares in FY 2023 CAMBRIDGE, Mass., Feb. 26, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No.

4 months ago - zacks.com

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 December 2023.