Carvana shares spike 30% as used car retailer posts record first quarter
CVNACarvana (CVNA) CNBC·2024-05-02 04:39

Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023. Shares of Carvana popped more than 30% during after-hours trading Wednesday after the automaker reported record quarterly results and turned a profit during the first quarter. Here's how the company performed in the first quarter, compared with average estimates compiled by LSEG: Earnings per share: 23 cents, it was not immediately clear if it was comparable to the 74 cent loss expected Revenue: 3.06billionvs.3.06 billion vs. 2.67 ...