Carvana Co. (CVNA) Misses Q2 EPS by 44c; Revenues Miss

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Go back to Carvana Co. (CVNA) Misses Q2 EPS by 44c; Revenues Miss

Carvana Co. (CVNA) Shares Jump Despite Missing Analyst Estimates

August 5, 2022 12:31 PM EDT

Online vehicle e-commerce platform Carvana Co. (NYSE: CVNA) is up 34% Friday despite its lackluster second-quarter earnings report, which missed top and bottom line expectations.

Carvana posted a loss of $2.35 per share, $0.44 worse than the analyst estimate of a $1.91 loss per share. Revenue for the quarter came in at $3.88 billion, again missing the consensus estimate of $3.99 billion.
Retail units sold did, however, increase 9% year-over-year to 117,564.

In addition, Carvana's selling, general, and administrative... More

Carvana Co. (CVNA) Extends Gain, Up 25%

August 5, 2022 9:52 AM EDT

Carvana Co. (NYSE: CVNA) Extends Gain, Up 25%

... More