Recap: CarGurus Q4 Earnings - CarGurus (NASDAQ:CARG)

CarGurus CARG reported its Q4 earnings results on Monday, February 26, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

CarGurus beat estimated earnings by 3.0%, reporting an EPS of $0.35 versus an estimate of $0.34.

Revenue was down $63.62 million from the same period last year.

Last quarter the company beat on EPS by $0.08 which was followed by a 4.0% increase in the share price the next day.

Here's a look at CarGurus's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.26	0.23	0.17	0.10
EPS Actual	0.34	0.29	0.26	0.22
Revenue Estimate	215.97M	229.97M	207.74M	281.41M
Revenue Actual	219.42M	239.74M	231.96M	286.74M

To track all earnings releases for CarGurus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.