CarGurus (CARG) reported earnings on Tue 8 Nov 22 (a/h)

 ** charts before earnings **

** charts after earnings **

 

CarGurus misses by $0.04, misses on revs; guides Q4 EPS below consensus, revs below consensus

• Reports Q3 (Sep) earnings of $0.21 per share, excluding non-recurring items, $0.04 worse than the S&P Capital IQ Consensus of $0.25; revenues rose 91.3% year/year to $426.45 mln vs the $462.42 mln S&P Capital IQ Consensus.
• Co issues downside guidance for Q4, sees EPS of $0.13 to $0.16, excluding non-recurring items, vs. $0.28 S&P Capital IQ Consensus; sees Q4 revs of $270 mln to $300 mln vs. $468.91 mln S&P Capital IQ Consensus.