Earnings Preview: CarGurus
Portfolio Pulse from Benzinga Insights
CarGurus (NASDAQ:CARG) is set to release its latest quarterly earnings report on Wednesday, 2023-08-09. Analysts estimate an earnings per share (EPS) of $0.23. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. However, the stock has been down 4.96% over the last 52-week period.
August 08, 2023 | 4:01 pm
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CarGurus is expected to announce its Q2 earnings on Aug 9. The company has a history of beating EPS estimates, which could potentially lead to a positive impact on its share price. However, the stock has been down 4.96% over the last 52 weeks.
The company's past performance of beating EPS estimates could potentially lead to a positive impact on its share price. However, the overall negative trend in the stock's performance over the last 52 weeks could offset any potential gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100