On Wednesday, Carvana CVNA will release its latest earnings report. Check out Benzinga's report to understand the earnings report's implications.
Earnings and Revenue
Based on Carvana management projections, analysts predict an EPS loss of 35 cents on revenue of $424.16 million.
Carvana EPS in the same period a year ago totaled 28 cents. Sales were $209 million. Sales would be up 102.59 percent on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | -0.4 | -0.34 | -0.29 | -0.3 |
| EPS Actual | -0.4 | -0.36 | -0.29 | -0.28 |
Stock Performance
Over the last 52-week period, shares are up 161.65 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release. Over the past 90 days, analysts have generally adjusted their estimates lower for EPS and revenues. The most common rating from analysts on Carvana stock is a Sell. The strength of this rating has maintained conviction over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
