CarGurus Announces Third Quarter 2022 Results

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CarGurus (CARG) Misses Q3 EPS by 5c; Guides Lower

November 8, 2022 4:03 PM EST

CarGurus (NASDAQ: CARG) reported Q3 EPS of $0.21, $0.05 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $426.5 million versus the consensus estimate of $466.58 million.

GUIDANCE:

CarGurus sees Q4 2022 EPS of $0.13-$0.16, versus the consensus of $0.29. CarGurus sees Q4... More