CarGurus shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 adjusted EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
CarGurus reported better-than-expected Q2 financial results and issued Q3 adjusted EPS guidance above estimates, leading to a rise in its share price.
August 09, 2023 | 8:18 pm
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CarGurus' shares are trading higher after the company reported better-than-expected Q2 results and issued Q3 EPS guidance above estimates.
CarGurus' better-than-expected Q2 results and positive Q3 EPS guidance have led to increased investor confidence, resulting in a rise in the company's share price. This indicates a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100