CARG News and Press, CarGurus Inc. From 02/10/21

CarGurus (NASDAQ:CARG) is scheduled to announce Q4 earnings results on Thursday, February 11th, after market close.The consensus EPS Estimate is $0.27 (+58.8% Y/Y) and the consensus Revenue Estimate is $148.84M (-5.9% Y/Y).Over the last 2 years, CARG has beaten EPS estimates 100% of the time ...

The COVID-19-pandemic-driven e-commerce boom is expected to continue. Shoppers are increasingly going online to meet their needs, and e-commerce companies are enhancing the efficiency of their delivery and other systems to make their services more convenient for shoppers. Small-cap e-commerce...

Consumers Can Now Compare Financing Rates and Visit the Dealership More Prepared to Purchase a Vehicle CAMBRIDGE, Mass., Jan. 29, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading online automotive marketplace, today announced a new feature that enables shoppers to p...

CAMBRIDGE, Mass., Jan. 28, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced it will issue a press release reporting financial results for the fourth quarter and fiscal year ended December 31, 2020, after the close of the marke...

CarGurus has seen pressure on the topline in 2020, yet margins have been very impressive. The company has more than doubled its sales since the 2017 IPO, while valuations are largely similar. Relative and absolute valuations rapidly get more compelling as I look to initiate a smal...

CarGurus (CARG) has promoted Jason Trevisan to be its new chief executive officer. Founder Langley Steinert will become executive chairman, and will stay involved in long-term product innovation and corporate strategy. Trevisan has served as the company's chief financial officer and president...

Jason Trevisan promoted to CEO and will join Board of Directors Founder Langley Steinert shifts to Executive Chairman role Scot Fredo promoted to CFO A letter to CarGurus’ shareholders can be found here: https://investors.cargurus.com/news-releases/news-release-deta...

CAMBRIDGE, Mass., Jan. 14, 2021 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today announced it has completed the acquisition of a 51% interest in CarOffer, with the ability to buy the remaining equity interest in the company over the next thr...

CarGurus (CARG) strikes a deal to acquire a 51% interest in CarOffer at an enterprise valuation of $275M, with the ability to buy the remaining equity interest in the company over the next three years. CarOffer is described as an automated instant vehicle trade platform that is disruptin...

CAMBRIDGE, Mass., Dec. 10, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today announced it has entered into a definitive agreement to acquire a 51% interest in Plano, TX-based CarOffer at an enterprise valuation of $275M, with the ability...