Carvana Co. (CVNA) Tops Q2 EPS by 67c, Sales Easily Beat

Carvana Co. (NYSE: CVNA) reported Q2 EPS of $0.26, $0.67 better than the analyst estimate of ($0.41). Revenue for the quarter came in at $3.34 billion versus the consensus estimate of $2.44 billion.

“This was a landmark quarter for Carvana. We delivered over 100,000 cars in the quarter growing 96% vs. a year ago and reported our first positive net income quarter,” said Ernie Garcia, founder and CEO of Carvana. “This quarter we were also named to the Fortune 500 list, becoming one of the four fastest companies to ever make the list with organic growth. We are extremely proud of this milestone and even prouder of the team that has made all of this possible.”

For earnings history and earnings-related data on Carvana Co. (CVNA) click here.

You May Also Be Interested In

• ATN International (ATNI) Misses Q1 EPS by 46c ; Offers Guidance
• WM (WM) Tops Q1 EPS by 25c
• St. Joe Company (JOE) Reports Q1 EPS of $0.24