🟢 CarGurus is trading 5.5% up in pre-market after beating second-quarter EPS estimates

CarGurus is trading at $38.38 (+5.50%) in pre-market after reporting second-quarter adjusted EPS above expectations.

• Adjusted EPS was $0.66 versus $0.61 expected; revenue reached $251 million versus $249.9 million expected.
• Management guided third-quarter revenue to $253.5 million–$258.5 million and raised its full-year profitability outlook.
• The pre-market move follows a reported 5.3% after-hours gain after the August 6 earnings release.