Carvana Announces Fourth Quarter and Full Year 2017 Financial Results

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Carvana (CVNA) PT Lowered to $10 at B.Riley/FBR

March 7, 2018 10:28 AM EST

B.Riley/FBR lowered its price target on Carvana (NYSE: CVNA) to $10.00 (from $12.00) while maintaining a Sell rating following the miss and guide lower.

Analyst Sameet Sinha said additional capital raises are likely.

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Carvana Co. (CVNA) Misses Q4 EPS by 2c; Guides Below Views

March 6, 2018 4:08 PM EST

Carvana Co. (NYSE: CVNA) reported Q4 EPS of ($0.36), $0.02 worse than the analyst estimate of ($0.34). Revenue for the quarter came in at $265.1 million versus the consensus estimate of $269.63 million.

GUIDANCE:

Carvana Co. sees Q1 2018 revenue of $325-355 million, versus the consensus of... More