CarGurus CARG reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
CarGurus beat estimated earnings by 52.94%, reporting an EPS of $0.26 versus an estimate of $0.17.
Revenue was down $198.65 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 6.39% increase in the share price the next day.
Here's a look at CarGurus's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.10 | 0.26 | 0.31 | 0.35 |
EPS Actual | 0.22 | 0.21 | 0.32 | 0.36 |
Revenue Estimate | 281.41M | 462.41M | 505.85M | 403.11M |
Revenue Actual | 286.74M | 426.45M | 511.23M | 430.61M |
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.
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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