CarGurus shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 non-GAAP EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
CarGurus shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 non-GAAP EPS guidance above estimates.
August 09, 2024 | 7:19 pm
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POSITIVE IMPACT
CarGurus shares are trading higher due to better-than-expected Q2 financial results and positive Q3 non-GAAP EPS guidance.
The better-than-expected Q2 financial results and the positive Q3 non-GAAP EPS guidance are likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100