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For the second quarter ending in June, the online car dealer posted revenue of $4.84 billion, above the estimates of analysts ...
Once fully scaled, it could help Carvana boost its annual reconditioning capacity to 3 million units — more than double today’s level. If there’s one concern, it’s the balance sheet.
The adjustment in the investment firm's outlook is attributed to valuation concerns rather than the impending fourth-quarter results for 2023, which are due to be reported on Thursday, February 22nd.
Carvana (NYSE:CVNA) recently experienced multiple removals from various Russell indices at the end of June 2025, indicating potential market concerns or performance challenges. Despite this, the ...
TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — Carvana Co. (CVNA) on Wednesday reported second-quarter net income of $183 million. On a per-share basis, the Tempe, Arizona-based company said it had net ...
At the company's current share price of $67, Carvana trades at a market cap of $9.7 billion - nearly five times the $2 billion valuation that Carvana notched two years ago in its IPO.
In response, CVNA is down 4.3% to trade at $127.20. Carvana stock has already shed 42.6% this year, with overhead pressure at the 60-day moving average keeping a lid on its late-March rally attempt.
After a rough Q4, Carvana's outlook for 2023 isn't promising, and liquidity issues loom large. The downsides could be more than priced into the discounted valuation. Even after a big year-to-date ...
Nov. 22, 2022 8:07 AM ET Carvana Co. (CVNA) Stock By: SA News Team 6 Comments Joe Raedle ...