Online Marketplace Stocks Q3 In Review: CarGurus (NASDAQ:CARG) Vs Peers [Yahoo! Finance]
CarGurus, Inc. - Class A (CARG)
Last cargurus, inc. - class a earnings: 2/13 04:05 pm
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US:NASDAQ Investor Relations:
investors.cargurus.com/investor-relations
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Source: Yahoo! Finance
Marketplaces have existed for centuries. Where once it was a main street in a small town or a mall in the suburbs, sellers benefitted from proximity to one another because they could draw customers by offering convenience and selection. Today, a myriad of online marketplaces fulfill that same role, aggregating large customer bases, which attracts commission-paying sellers, generating flywheel scale effects that feed back into further customer acquisition. The 16 online marketplace stocks we track reported a mixed Q3. As a group, revenues beat analysts' consensus estimates by 1.8% while next quarter's revenue guidance was 1% above. Luckily, online marketplace stocks have performed well with share prices up 13.4% on average since the latest earnings results. Bringing transparency to a sometimes opaque process, CarGurus (NASDAQ:CARG) is a digital marketplace where auto dealers can connect with potential customers and where car buyers can browse, purchase, and obtain financing. C
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CARG
News
- EV, Hybrid Pricing Could Lure More Consumers, Reports Say [Forbes]Forbes
- Are You Looking for a Top Momentum Pick? Why CarGurus (CARG) is a Great Choice [Yahoo! Finance]Yahoo! Finance
- CarGurus (CARG) Upgraded to Buy: What Does It Mean for the Stock? [Yahoo! Finance]Yahoo! Finance
- 7 Japanese Cars That Will Have Massive Price Increases in November 2024 [Yahoo! Finance]Yahoo! Finance
- Used car prices continue to drop as demand for cars shoots up [Yahoo! Finance]Yahoo! Finance
CARG
Earnings
- 11/7/24 - Beat
CARG
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- CARG's page on the SEC website