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19.10.26 - 20:48
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Carvana Is Now Down 31% This Year: Is CVNA a Toxic Stock or Ready to Rally? (24/7 Wall St.)
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The fastest-growing name in used-car retail has turned into one of the group's weakest performers. Carvana (NYSE:CVNA) stock is down 31% year to date (YTD) to $58.11 in afternoon trading, leaving it well behind its closest rivals. Selling used cars online and financing many of those purchases, Carvana depends on both vehicle margins and loan […]...
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02.10.26 - 01:49
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While Subprime Auto Loans Default, Their Bonds Somehow Keep Performing (ZeroHedge)
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While Subprime Auto Loans Default, Their Bonds Somehow Keep Performing
America's subprime auto market has become a fascinating example of how financial engineering can remain remarkably healthy even while the consumer sitting underneath it is getting progressively sicker, according to Bloomberg.
Bloomberg recently dug through nearly 3 million auto loans originated by Exeter Finance, Santander, Carvana and GM Financial and subsequently stuffed into publicly traded asset backed securities between 2021 and 2023. What emerges from the data is a system built with enough interest, fees and collateral protection that borrowers can fall behind, restructure their loans and eventually lose their cars without necessarily interrupting the stream of cash moving toward lenders and bondholders.
The math helps explain why. Subprime borrowers in these pools paid interest rates averaging roughly 18%, while the securities created from those loans were issued at rates reaching about 6.7%. That enormous gap provi...
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30.09.26 - 14:03
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Carvana to Report Third Quarter 2026 Results and Host Quarterly Conference Call on Oct. 28 (Business Wire)
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PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling cars, today announced it will report its third quarter 2026 financial results for the period ended Sept. 30, 2026, after the market closes on Wednesday, Oct. 28, 2026. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results. The live webcast will be accessible from the Investor Relations section of the company's website, https://investors.carvana.com.
What:
Carvana Third Quarter 2026 Financial Results Conference Call
When:
Wednesday, Oct. 28, 2026
Time:
5:30 p.m. ET (2:30 p.m. PT)
Live Call:
(833) 255-2830 or (412) 902-6715
An archived webcast of the conference call will be accessible on the company's IR website after the live call concludes. A telephonic replay of the conference call will be available until Nov. 4, 2026, by dialing (855) 669-9658 or (412) 317-0088 and entering 2626117.
About Carvana
Carvan...
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