CarGurus Announces Third Quarter 2020 Results

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CarGurus Inc. (CARG) PT Lowered to $33 at RBC Capital

November 9, 2020 7:09 AM EST

RBC Capital analyst Mark Mahaney lowered the price target on CarGurus Inc. (NASDAQ: CARG) to $33.00 (from $35.00) while maintaining a Sector Perform rating following the company's 3Q earnings report. Revenue reached $148MM, ahead of the Street's $136MM, and above the high end of... More

CarGurus (CARG) Misses Q3 EPS by 8c; Raises Outlook

November 5, 2020 4:47 PM EST

CarGurus (NASDAQ: CARG) reported Q3 EPS of $0.14, $0.08 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $147.5 million versus the consensus estimate of $135.91 million.

Despite the ongoing uncertainty amidst the COVID-19 pandemic, CarGurus generated strong results in the third quarter... More