Carvana (CVNA) Stock Barely Moves Since Q2 Earnings Beat
CVNACarvana (CVNA) ZACKS·2024-08-09 22:52

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 3.41billionbeattheZacksConsensusEstimateof3.41 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 ...