CarGurus Announces Second Quarter 2020 Results

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CarGurus (CARG) Tops Q2 EPS by 19c; Guides Above Views

August 6, 2020 6:02 PM EDT

CarGurus (NASDAQ: CARG) reported Q2 EPS of $0.19, $0.19 better than the analyst estimate of $0.00. Revenue for the quarter came in at $94.7 million versus the consensus estimate of $86.32 million.

Although our industry and our business are facing unprecedented uncertainty amidst the COVID-19 pandemic, CarGurus generated strong results in the second quarter that demonstrate our businesss... More