Carvana Announces Second Quarter 2018 Financial Results

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Carvana (CVNA) PT Raised to $48 at BMO Capital

August 9, 2018 6:48 AM EDT

BMO Capital raised its price target on Carvana (NYSE: CVNA) to $48.00 (from $35.00) while maintaining a Market Perform rating.

Analyst Daniel Salmon notes strong top-line trends and improving margins but says near-term profitably remains unclear.

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Carvana Co. (CVNA) Misses Q2 EPS by 2c, Revenue Beats

August 8, 2018 4:36 PM EDT

Carvana Co. (NYSE: CVNA) reported Q2 EPS of ($0.37), $0.02 worse than the analyst estimate of ($0.35). Revenue for the quarter came in at $475 million versus the consensus estimate of $424.16 million.

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

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