Why Is CarGurus (CARG) Stock Rocketing Higher Today [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
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. On the profitability front, CarGurus achieved a 33% year-on-year increase in adjusted EBITDA, reflecting the company's improved cost management. Overall, this quarter had some key positives. After the initial pop the shares cooled down to $34.93, up 4.6% from previous close. Is now the time to buy CarGurus? Access our full analysis report here, it's free CarGurus's shares are not very volatile and have only had 5 moves greater than 5% over the last year. Moves this big are rare for CarGurus and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 3 months ago when the stock gained 19.6% on the news that the company reported impressive second quarter earni
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CARG
News
- Online Marketplace Stocks Q3 In Review: CarGurus (NASDAQ:CARG) Vs Peers [Yahoo! Finance]Yahoo! Finance
- 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
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