CarGurus Announces First Quarter 2024 Results

Go back to CarGurus Announces First Quarter 2024 Results

CarGurus Inc. (CARG) PT Raised to $27 at RBC Capital

May 10, 2024 6:25 AM EDT

RBC Capital analyst Brad Erickson raised the price target on CarGurus Inc. (NASDAQ: CARG) to $27.00 (from $26.00) while maintaining a Outperform rating.

The analyst comments "CARG's Q1 was generally solid with a mix of strong core marketplace execution while CarOffer's turnaround remains... More

CarGurus (CARG) Tops Q1 EPS by 3c, Offers Guidance

May 9, 2024 4:03 PM EDT

CarGurus (NASDAQ: CARG) reported Q1 EPS of $0.32, $0.03 better than the analyst estimate of $0.29. Revenue for the quarter came in at $215.8 million versus the consensus estimate of $216.81 million.

GUIDANCE:

CarGurus sees Q2 2024 EPS of $0.29-$0.34, versus the consensus of $0.30. CarGurus sees Q2... More