E-Commerce
from24/7 Wall St.
4 days agoEarnings Live: Complete Carvana (CVNA) Q3 Coverage
Carvana's recent efficiency gains and record margins face scrutiny over durability as revenue and EPS expectations rise amid normalized growth.
The stock trades at $350.74 per share, fueled by a rebound in used-car demand, cost-cutting measures, and record-breaking second-quarter results with $4.84 billion in revenue and GAAP operating income of $511 million - up over 100% from the year-ago period.