Carvana (CVNA) Reports Q1 Earnings: What Key Metrics Have to Say
CVNACarvana (CVNA) Zacks Investment Research·2024-05-02 08:36

For the quarter ended March 2024, Carvana (CVNA) reported revenue of 3.06billion,up17.53.06 billion, up 17.5% over the same period last year. EPS came in at -0.41, compared to -1.51intheyear−agoquarter.Thereportedrevenuerepresentsasurpriseof+12.741.51 in the year-ago quarter. The reported revenue represents a surprise of +12.74% over the Zacks Consensus Estimate of 2.72 billion. With the consensus EPS estimate being -$0.76, the EPS surprise was +46.05%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...