CarGurus (CARG) reported earnings on Thur 9 May 2019 (a/h)

** charts before earnings **

 

** charts after earnings **

CarGurus beats by $0.05, beats on revs; guides Q2 EPS in-line, revs above consensus; raises FY19 guidance

• Reports Q1 (Mar) earnings of $0.12 per share, excluding non-recurring items, $0.05 better than the S&P Capital IQ Consensus of $0.07; revenues rose 37.2% year/year to $135.3 mln vs the $129.54 mln S&P Capital IQ Consensus.
• Co issues guidance for Q2, sees EPS of $0.06-0.08, excluding non-recurring items, vs. $0.07 S&P Capital IQ Consensus; sees Q2 revs of $138-141 mln vs. $136.96 mln S&P Capital IQ Consensus.
• Co issues raised guidance for FY19, sees EPS of $0.39-0.43 from $0.35-0.40, excluding non-recurring items, vs. $0.39 S&P Capital IQ Consensus; sees FY19 revs of $569-578 mln from $554-566 mln vs 565.39 mln S&P Capital IQ Consensus.