CVNA Stock Recent News

Online used car retailer Carvana reported “milestone” first quarter (Q1) results on Wednesday (May 1), fueling a 30% surge in its stock price. This strong performance comes on the heels of a challenging period in 2022, during which Carvana shares plummeting by 97%.

The headline numbers for Carvana (CVNA) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Carvana (CVNA) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of $0.76. This compares to loss of $1.51 per share a year ago.

Shares of used-car retailer Carvana Co. jumped about 40% in the extended session Wednesday after a surprise profit and larger revenue for the used-car retailer once on the brink of bankruptcy.

Carvana reported record first-quarter results Wednesday that beat Wall Street's top- and bottom-line earnings expectations for the online used car retailer.

Carvana (CVNA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Carvana Co-Founder, President and CEO Ernie Garcia sits down with 'Mad Money' host Jim Cramer to talk Carvana's turnaround effort.

Beyond analysts' top -and-bottom-line estimates for Carvana (CVNA), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

A challenging used car market could be a headwind for its results in 2024. Carvana is scheduled to give its next update to investors on May 1.

One year ago, Carvana looked like a company heading for bankruptcy. One year later, Carvana stock is up nearly 10x, and on track to earn solid EBITDA this year, says J.P.