Carvana CVNA reported its Q2 earnings results on Thursday, August 4, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Carvana missed estimated earnings by 30.56%, reporting an EPS of $-2.35 versus an estimate of $-1.8.
Revenue was up $548.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $1.47 which was followed by a 10.12% drop in the share price the next day.
Here's a look at Carvana's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | -1.42 | -0.82 | -0.28 | -0.41 |
EPS Actual | -2.89 | -1.02 | -0.38 | 0.26 |
Revenue Estimate | 3.39B | 3.53B | 3.27B | 2.44B |
Revenue Actual | 3.50B | 3.75B | 3.48B | 3.34B |
To track all earnings releases for Carvana visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 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.