Carvana CVNA reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Carvana beat estimated earnings by 24.5%, reporting an EPS of $-1.51 versus an estimate of $-2.0.
Revenue was down $891.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $2.67 which was followed by a 20.54% drop in the share price the next day.
Here's a look at Carvana's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -2.28 | -1.95 | -1.80 | -1.42 |
EPS Actual | 0.39 | -2.67 | -2.35 | -2.89 |
Revenue Estimate | 3.09B | 3.78B | 3.98B | 3.39B |
Revenue Actual | 2.84B | 3.39B | 3.88B | 3.50B |
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 |
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