Carvana’s stock rallies more than 30% on surprise profit for used-car retailer
Shares of used-car retailer Carvana Co. jumped about 40% in the extended session Wednesday after a surprise profit and larger revenue for the
Carvana Shares Soar as Earnings Crush Estimates
For the quarter, Carvana reported revenue of $3.06 billion, up 17% from the year-earlier quarter, and well ahead of the Street consensus as tracked by FactSet of $2.67 billion. The company sold 91,878 vehicles at retail, up 16% from a year earlier.
Carvana Shares Soar on Better-Than-Expected Profit as Sales Rise
Carvana Co. reported stronger earnings with revenue topping expectations as the company digs into its restructuring plan and regains sales momentum.
Carvana shares spike 30% as used car retailer posts record first quarter
Carvana reported record first-quarter results Wednesday that beat Wall Street’s top- and bottom-line earnings expectations for the online used car retailer.
Carvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales
(Reuters) - Shares of Carvana surged more than 30% in extended trading on Wednesday after the used-car seller forecast a surprise rise in current quarter retail sales and core profit. Carvana's results come as high interest rates prompt consumers to look for deals on second-hand cars instead of buying new ones.
Carvana shorts to be potentially put to the test as stock soars after hours on Q1 results
Class A shares of CVNA were last up 28.1% to $111.63 after hours. With a short interest of more than 30% of free float, the stock's advance after the closing bell potentially sets it up for a short squeeze during regular trading on Thursday.
Carvana's Back: Shares Bolt Nearly 40% Higher On Swing To Profit From Massive Loss
Online auto retailer Carvana reported a sharp swing to profitability and a sales beat for the first quarter. Carvana stock bolted more than 30% higher after the closing bell. Please watch the video at Investors.
Carvana continues Wall Street hot streak with record-breaking Q1 earnings
Shares of Carvana Co. rocketed to a yearly high on May 1 after the Tempe-based used car retailer reported record-breaking ...
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Carvana Q1 net income swings to $49 million; revenue up 17%
The online used-vehicle retailer said it sold 91,878 used vehicles in the first quarter, up 16 percent from the same period ...
Carvana, Enovix, Pfizer, Nio, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Wednesday saw a mixed performance in major U.S. indices. The Dow Jones Industrial Average closed the day with a 0.2% increase ...
Carvana Co. Surpasses Analyst Revenue Forecasts with Record Q1 Financial Performance
On May 1, 2024, Carvana Co ( NYSE:CVNA) unveiled its 8-K filing, reporting a quarter that not only surpassed revenue ...