CARG Stock Recent News

CarGurus, Inc. (NASDAQ:CARG ) Q2 2023 Earnings Conference Call August 9, 2023 5:00 PM ET Company Participants Kirndeep Singh - VP and Head, Investment Jason Trevisan - CEO Sam Zales - President and COO Conference Call Participants Chris Pierce - Needham Jed Kelly - Oppenheimer Brad Erickson - RBC Capital Markets Naved Khan - B. Riley Securities John Colantuoni - Jefferies Marvin Fong - BTIG Ron Josey - Citi Nick Jones - JMP Securities Operator Good day and welcome to the CarGurus' Second Quarter 2023 Earnings Conference Call.

While the top- and bottom-line numbers for CarGurus (CARG) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

CAMBRIDGE, Mass., Aug. 07, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the second quarter ended June 30th, 2023, after the close of the market on August 9th, 2023.

Shares of CarGurus Inc. CARG, -3.89% dropped nearly 6% in the extended session Thursday after the online car marketplace postponed its second quarter earnings release and conference call with analysts scheduled for after the bell on Thursday. “CarGurus has not completed its customary quarterly closing and review procedures” for the quarter, the company said.

CAMBRIDGE, Mass., Aug. 03, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that it will delay its second quarter 2023 earnings release and conference call, previously scheduled for 5:00 p.m. Eastern Time on August 3, 2023. CarGurus has not completed its customary quarterly closing and review procedures for the three months ended June 30, 2023. CarGurus will announce the date of the rescheduled earnings release and conference call in a subsequent press release.

CAMBRIDGE, Mass., July 20, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the second quarter ended June 30th, 2023, after the close of the market on August 3rd, 2023.

CarGurus (CARG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

The automotive aftermarket is full of challenge and opportunity, and investors would do well to keep an eye on it.

Here are some prospective movers to keep an eye on Monday, when the U.S. stock market, as of early Sunday evening Eastern time, appeared poised for a muted start to the new week.

These top-ranked stocks are likely to beat on bottom line in their next releases. Tap CarGurus (CARG) and Toll Brothers (TOL).