CarGurus (CARG) Misses Q3 EPS by 5c; Guides Lower

CarGurus (NASDAQ: CARG) reported Q3 EPS of $0.21, $0.05 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $426.5 million versus the consensus estimate of $466.58 million.

GUIDANCE:

CarGurus sees Q4 2022 EPS of $0.13-$0.16, versus the consensus of $0.29. CarGurus sees Q4 2022 revenue of $270-300 million, versus the consensus of $468.24 million.

CarGurus sees FY2022 EPS of $1.02-$1.05, versus the consensus of $1.20. CarGurus sees FY2022 revenue of $1.638-1.668 billion, versus the consensus of $1.87 billion.

For earnings history and earnings-related data on CarGurus (CARG) click here.

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