|
|
|
30.10.25 - 15:25
|
Carvana Shares Plunge Nearly 10% Despite Strong Headline Earnings (ZeroHedge)
|
|
|
Carvana Shares Plunge Nearly 10% Despite Strong Headline Earnings
Carvana shares are down almost 10% this morning even as the online used-car retailer delivered another quarter of impressive looking headline results, highlighting growing skepticism that its financial rebound may be outpacing the realities of a shaky auto market.
Revenue jumped to $5.65 billion from $3.66 billion a year earlier, powered by a 44% increase in retail units sold to 155,941, according to Bloomberg. Net income rose to $263 million, or $1.03 per share, compared with $148 million, or 64 cents, a year ago. Adjusted earnings hit $1.50 per share, well ahead of expectations, while adjusted EBITDA climbed to $637 million. The company projected fourth-quarter retail unit sales above 150,000 vehicles.
CEO Ernie Garcia celebrated the scale of the recovery, telling shareholders: “Not only is this growth happening at the same time we are producing margins higher than have ever been reported by any other automotive retailer, bu...
|
|
|
|
|
|
|
|
|
|
|
29.10.25 - 20:48
|
Earnings Live: Complete Carvana (CVNA) Q3 Coverage (24/7 Wall St.)
|
|
|
Carvana (NYSE: CVNA) reports Q3 2025 earnings after the close today. The used-car disruptor's stock has surged this year as profitability and scale have accelerated faster than even bullish investors expected. After a six-quarter streak of positive net income and a historic Q2 that saw record revenue, margins, and units sold, the question now is ... Earnings Live: Complete Carvana (CVNA) Q3 Coverage
The post Earnings Live: Complete Carvana (CVNA) Q3 Coverage appeared first on 24/7 Wall St.....
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
30.07.25 - 19:06
|
Live: Will Carvana’s (NYSE: CVNA) Q2 Earnings Continue Its Epic Rally? (24/7 Wall St.)
|
|
|
Live Updates Live Coverage Updates appear automatically as they are published. The Fed Could Create Late Day Volatility in Carvana's Share Price 12:36 pm by Eric Bleeker Jerome Powell is holding a press conference at 2:30 to discuss the Federal Open Market Committee's July interest-rate decision. Betting markets are placing a 99% chance that the […]
The post Live: Will Carvana's (NYSE: CVNA) Q2 Earnings Continue Its Epic Rally? appeared first on 24/7 Wall St.....
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|