Good morning. I first talked with Mark Jenkins, CFO of online car dealer Carvana in July about the company’s turnaround strategy of which the final step was a return to profitable growth.
Shares of Carvana fell more than 12% after the company released its most recent earnings result this morning before the market open. For the quarter, Carvana beat its earnings per share (EPS ...
That was the vision TikTok user Tom Penn (@pennxl) had in mind when he purchased a Dodge truck from Carvana, the online car-buying service famous for its futuristic, glass-walled “car vending ...
Rising used car prices eventually led to consumers balking from sticker shock, which led to Carvana having expensive inventory on its hands that needed to be sold, often at a deep discount.
Online used car dealer Carvana (NYSE: CVNA) will be announcing earnings results tomorrow afternoon. Here’s what to look for. Carvana beat analysts’ revenue expectations by 5.7% last quarter ...
Retail units sold rose by 50.3% year-over-year to 114,379 units. Carvana reported better-than-expected earnings, posting record profitability and significant sales growth in Q4 2024. Carvana is an ...
Soaring used car prices eventually led to consumers balking from sticker shock, which led to Carvana having expensive inventory on its hands that needed to be sold, often at a deep discount.
The final quarter of 2024 was another impressive one for Carvana (NYSE:CVNA) as a top- and bottom-line beat in the fourth quarter was matched with increased car sales, higher profit per vehicle ...
Tempe-based Carvana Co. has acquired a franchise auto dealership in Casa Grande in a move to expand its business beyond e-commerce used car sales. On Friday, it closed its acquisition of Jerry ...
Carvana shares surged over 50% since mid-January, driven by rebounding used car sales and market dismissal of the Hindenburg short report. A renewed credit facility with Ally Bank and plateauing ...
Carvana posted Q4 EPS of $0.56, which handily beat analyst expectations of $0.31. Revenue also increased 46% year-over-year to $3.55 billion and this too was much higher than the $3.34 billion ...