Online used car retailer Carvana Co CVNA has been one of the top performing stocks in 2024 with shares up 217% year-to-date and new 52-week highs hit after second-quarter financial results.The company was nearly left for dead by investors over the last two years before taking on a strategic turnaround that has rewarded patient or timely investors.What Happened: Carvana reported second-quarter revenue of $3.41 billion and earnings of 14 cents per share, with both figures beating estimates from analysts and l ...

文章核心观点 - Carvana是一家极度波动的股票,其股价波动幅度是标普500指数的3.43倍 [2][3] - Carvana的股价从2022年的低点反弹了518%,超过了其他大盘股 [5] - Carvana的股价虽然已经从2022年的低点大幅反弹,但仍远低于2021年8月创下的历史高点 [8][9] - Carvana在2022年经历了收入下滑和现金流亏损的困境,但最近几个季度已经实现了盈利 [10][11] - Carvana的估值已从2022年末的极低水平大幅上升,但仍低于行业平均水平 [12] - 尽管Carvana最近表现良好,但其仍面临着二手车市场需求下降和电动车转型等挑战 [13][14] - Carvana目前的债务负担较重,但其盈利能力有所改善,正在逐步偿还债务 [15] 行业总结 - 二手车市场需求从2021年的高位有所下降,正在逐步回归正常水平 [13] - 行业正在向电动车转型,Carvana需要适应这一变化 [14] 公司总结 - Carvana经历了2022年的收入下滑和现金流亏损,但最近几个季度已经实现了盈利 [10][11] - Carvana的估值已从2022年末的极低水平大幅上升,但仍低于行业平均水平 [12] - Carvana目前的债务负担较重,但其盈利能力有所改善,正在逐步偿还债务 [15] - Carvana面临着二手车市场需求下降和电动车转型等挑战,需要进一步证明其业务的可持续性 [13][14]

In the dynamic world of stock markets, there are only a few stories that capture investor attention like Carvana’s (CVNA) . Over the past year, this used car e-retailer has witnessed a remarkable run on the bourses, with its stock surging more than 270%. This meteoric rise has not only outpaced the broader market but also left its peers — such as CarMax (KMX) , AutoNation (AN) and Sonic Automotive (SAH) — in the dust.  However, after such a significant rally, the question on every investor's mind is whether ...

Shares of Carvana Co. (CVNA) have barely moved since the company reported second-quarter 2024 results on Jul 31, after market close. The used car e-retailer reported earnings of 14 cents per share, beating the Zacks Consensus Estimate of breakeven earnings. It had incurred a loss of 55 cents per share in the year-ago quarter. Revenues of $3.41 billion beat the Zacks Consensus Estimate of $3.23 billion and rose 15% year over year. Key HighlightsTotal gross profit amounted to $715 million, up 43% year over ye ...

Earnings provide opportunities for outside moves and as volatility expands, I like to call this ‘butterfly season'.  And though I normally put both sides of the trade for bullish and bearish stances, today I will sit on one side of the trade with Carvana Today's post earnings trade comes to us from CARVANA ($CVNA) The premise is the following – over the next 45 days, we expect to see the stock move away from its current location – in a general mean reversion trade back into the moving averages below. Trade ...

A surprise quarterly profit puts Carvana investors in the driver's seat.Used vehicle retailer Carvana (CVNA 2.44%) is about as cyclical as a business can get. If the economy is shaky, people will often keep driving their current vehicles rather than buy newer ones.Yet, even while America's economy struggled somewhat under high interest rates and stubborn inflation, Carvana and its shareholders had a successful 12 months. Now, its greatest triumph could be achieving profitability -- something that shouldn't ...

Carvana TodayCVNACarvana$135.31 -1.89 (-1.38%) 52-Week Range$25.09▼$154.00P/E Ratio59.35Price Target$143.60Add to WatchlistCarvana Co. NYSE: CVNA operates an eCommerce platform selling used cars online to consumers. It’s most well-known for its towering car vending machines placed alongside highways and in cities across the nation. Users can frictionlessly find and finance their car purchases online and then pick up the vehicles at a Carvana vending machine. The convenience of the seamless car-buying busine ...

Carvana (NASDAQ: CVNA), the innovative online marketplace for used cars, has reported impressive Q2 2024 financial results, surpassing Wall Street’s expectations. The company reported significant growth and profitability, marking a milestone in its journey to revolutionize the automotive retail industry.In Q2 2024, Carvana reported a remarkable 33% increase in retail units sold, totaling 101,440 vehicles. This impressive growth contributed to a 15% increase in revenue, which the company reported as $3.41 bi ...

Almost two years ago, Carvana (NYSE: CVNA) was tethering on the brink of bankruptcy as it experienced a sharp 27% decline in used car sales throughout 2022, which caused its stock to plummet below $5 at one point.Since then, CVNA stock has posted an impressive recovery, surging over 3,500% and gaining almost 200% in 2024 alone; this resurgence and return to profitability make for one of the most remarkable stories on the stock market recently, surging from $48.87 on January 1 to $146.52 as of the latest clo ...

Key TakeawaysCarvana reported a surprise profit and set records for adjusted EBITDA as retail vehicle sales surged.The online used car retailer predicted a record-setting year for EBITDA.The stock jumped to levels last seen more than two years ago. Shares of Carvana (CVNA) drove higher after the online used-car retailer posted a surprise profit and gave an upbeat full-year outlook. Carvana reported second-quarter adjusted earnings per share (EPS) of $0.14. Analysts were anticipating a loss. Revenue rose 15 ...