Brokerages expect CarGurus Inc (NASDAQ:CARG) to report $0.01 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for CarGurus’ earnings. The firm is scheduled to report its next earnings report on Tuesday, February 13th.
On average, analysts expect that CarGurus will report full-year earnings of $0.11 per share for the current fiscal year. For the next year, analysts anticipate that the company will report earnings of $0.12 per share, with EPS estimates ranging from $0.11 to $0.12. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow CarGurus.
CarGurus (NASDAQ:CARG) last announced its quarterly earnings results on Tuesday, November 14th. The company reported $0.02 EPS for the quarter. The company had revenue of $83.00 million during the quarter, compared to analysts’ expectations of $79.23 million. The company’s quarterly revenue was up 56.3% on a year-over-year basis.
Several institutional investors have recently bought and sold shares of CARG. Quantitative Systematic Strategies LLC bought a new stake in shares of CarGurus in the 4th quarter worth about $210,000. Bollard Group LLC bought a new stake in shares of CarGurus in the 4th quarter worth about $318,223,000. Finally, Spinnaker Capital LLC bought a new stake in shares of CarGurus in the 4th quarter worth about $410,972,000. Hedge funds and other institutional investors own 0.02% of the company’s stock.
Shares of CarGurus (CARG) opened at $32.94 on Friday. CarGurus has a one year low of $25.85 and a one year high of $36.81.
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CarGurus Company Profile
CarGurus, Inc is an online automotive marketplace connecting buyers and sellers of new and used cars. Using proprietary technology, search algorithms, and data analytics. The Company’s marketplace empowers users with unbiased third-party validation on pricing and dealer reputation as well as other information that aids them in finding Great Deals from Great Dealers.
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