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CarGurus reports Q3 EPS 57c, consensus 55c

Reports Q3 revenue $238.7M, consensus $234.88M. The company said, “We delivered another quarter of strong Marketplace revenue growth as dealers have increasingly adopted our data-driven tools. Our product innovation is driving measurable ROI across more areas of the dealership, like inventory, pricing, marketing, and data intelligence. That adoption, coupled with strong execution, has fueled solid growth in both our U.S. and international businesses. We believe these trends position us well to extend our leadership, deepen customer relationships, access new market segments, and drive long-term growth.”

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