US1417881091 - Common Stock
Looking back on online marketplace stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including CarGurus (NASDAQ:CARG) and its peers.
BOSTON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new...
Shares of online auto marketplace CarGurus (NASDAQ:CARG) jumped 15.2% in the morning session after the company reported impressive third-quarter earnings that blew past analysts' revenue and EBITDA expectations. The improvement in sales was driven by a 15% year-on-year growth in marketplace revenue, showcasing the company's successful focus on customer engagement and dealer retention.
Online auto marketplace CarGurus (NASDAQ:CARG) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 5.4% year on year to $231.4 million. Guidance for next quarter’s revenue was better than expected at $229 million at the midpoint, 1.5% above analysts’ estimates. Its GAAP profit of $0.21 per share was 26% below analysts’ consensus estimates.
Online auto marketplace CarGurus (NASDAQ:CARG) will be reporting results tomorrow afternoon. Here’s what to look for.
CarGurus introduced a new digital retail solution that powers more seamless and efficient connections between Canadian dealers and purchase-ready shoppers...
BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new...
CarGurus today marked the opening of its new global headquarters in Boston’s Back Bay neighborhood....
CarGurus released its Quarterly Review for Q3 2024, identifying areas of opportunity as the consumer need for affordability becomes more pronounced....
Chinese online auto platform, Autohome stock got a positive adjustment to its Relative Strength Rating on Friday, to 80 from 67 a day ago.
CarGurus today announced that Jennifer Hanson has been appointed Chief People Officer, effective September 30, 2024....
CAMBRIDGE, Mass., Aug. 29, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and...
The Relative Strength (RS) Rating for Zillow Group stock climbed into a new percentile Monday, with an increase from 79 to 83.
CarGurus released its 10th annual Top Dealer Awards recognizing dealerships that provide shoppers with exceptional service, guidance, and support. ...
CARG stock results show that CarGurus beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips CarGurus (NASDAQ:CARG) just reported results for the second quarter of 2024.Car...
Q2'24 Marketplace revenue accelerated to 14% YoY, marking the third consecutive quarter of double-digit growth Consolidated GAAP Net Loss of $68.7...