CarGurus Announces Third Quarter 2018 Results

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Go back to CarGurus Announces Third Quarter 2018 Results

CarGurus Inc. (CARG) PT Raised to $59 at RBC Capital

November 8, 2018 6:57 AM EST

RBC Capital analyst Mark Mahaney raised the price target on CarGurus Inc. (NASDAQ: CARG) to $59.00 (from $55.00) while maintaining an Outperform rating following beat and raise Q3.

The analyst said fundamentals remained robust in Q3, and we believe CARG will maintain premium growth in 2019.

... More

CarGurus (CARG) Tops Q3 EPS by 3c, Offers Q4 Guidance

November 7, 2018 4:38 PM EST

CarGurus (NASDAQ: CARG) reported Q3 EPS of $0.08, $0.03 better than the analyst estimate of $0.05. Revenue for the quarter came in at $119 million versus the consensus estimate of $112.7 million.

GUIDANCE:

CarGurus sees Q4 2018 EPS of $0.06-$0.07, versus the consensus of $0.06. CarGurus sees Q4... More