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Recap: CarGurus Q4 Earnings

Author: Benzinga Insights | February 26, 2024 05:05pm

CarGurus (NASDAQ:CARG) reported its Q4 earnings results on Monday, February 26, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

CarGurus beat estimated earnings by 3.0%, reporting an EPS of $0.35 versus an estimate of $0.34.

Revenue was down $63.62 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 4.0% increase in the share price the next day.

Here's a look at CarGurus's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.26 0.23 0.17 0.10
EPS Actual 0.34 0.29 0.26 0.22
Revenue Estimate 215.97M 229.97M 207.74M 281.41M
Revenue Actual 219.42M 239.74M 231.96M 286.74M

To track all earnings releases for CarGurus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: CARG

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