News headlines about CarGurus (NASDAQ:CARG) have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CarGurus earned a news impact score of 0.08 on Accern’s scale. Accern also gave news coverage about the company an impact score of 47.6594094063305 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of CarGurus (NASDAQ:CARG) traded down $0.60 during trading on Friday, hitting $35.50. 66,366 shares of the stock traded hands, compared to its average volume of 116,887. CarGurus has a 1-year low of $25.85 and a 1-year high of $38.85.
CarGurus (NASDAQ:CARG) last issued its quarterly earnings results on Thursday, March 1st. The company reported $0.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.01. The business had revenue of $87.71 million for the quarter, compared to analysts’ expectations of $86.22 million. The company’s revenue was up 197.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.27 EPS. equities research analysts forecast that CarGurus will post 0.1 earnings per share for the current fiscal year.
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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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