Investors are always looking for stocks that are poised to beat at earnings season and Carvana Co. (CVNA) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Carvana is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator ...

The upcoming report from Carvana (CVNA) is expected to reveal quarterly loss of $0.76 per share, indicating an increase of 49.7% compared to the year-ago period. Analysts forecast revenues of $2.72 billion, representing an increase of 4.2% year over year.The consensus EPS estimate for the quarter has undergone an upward revision of 2.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.A ...

Shares of the used car specialist have staged a massive comeback over the past 12 months. What might happen next?Carvana (CVNA 5.85%) has emerged as one of the market's biggest turnaround stories, with shares up more than 800% over the past year and more than 35% since the start of the year. Those kinds of gains garner a lot of attention, and investors are particularly interested in insight on whether the rally will continue.Is the stock a buy now, or will Carvana's path hit a dead end?An improved financial ...

Most of the easy money has already been made on Carvana stock -- and now it costs too much.It's starting to look like Carvana (CVNA -4.18%) stock is going to survive its near-death experience.One year ago, Carvana wrapped up its worst year ever, losing $1.6 billion despite booking a record $13.6 billion in sales. Burdened with $6.1 billion in long-term debt, and another $1 billion in long-term lease obligations, this used car dealer's future looked grim. One year later, however, Carvana stock has soared 10x ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Planes, trains and automobiles. They’re what makes the world go round and they drive businesses large and small. Transportation stocks tend to be consistent gainers for shareholders, managing to perform well in most economic environments and regardless of what is happening in the broader market. The S&P Transportation Index is up 12% in the last 12 months compared to a 21% gain in the benchmark S&P 500 index.Many individual transportation stocks have outperformed the overall market and by a wide margin. Som ...

Carvana (CVNA) closed at $83.68 in the latest trading session, marking a +1.22% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.15%. Elsewhere, the Dow lost 0.02%, while the tech-heavy Nasdaq added 0.32%.Prior to today's trading, shares of the company had gained 5.85% over the past month. This has outpaced the Retail-Wholesale sector's gain of 1.12% and the S&P 500's gain of 1.65% in that time.Investors will be eagerly watching for the performance of Carvana i ...

AI stocks, biotech stocks, and renewable energy stocks dominate the list of most shorted stocks, but there also many consumer discretionary stocks short sellers are betting against.There is an excellent reason for this. Even as the U.S. economy remains resilient, despite challenges such as high inflation and high interest rates, a continued “soft landing” is hardly a guarantee.As inflation remains elevated, and as recent statements from Federal Reserve officials suggest that the central bank is walking back ...

One stock that might be an intriguing choice for investors right now is Carvana Co. (CVNA) . This is because this security in the Internet - Commerce space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Internet - ...

In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss Carvana's (CVNA 1.49%) turnaround and whether it's worth buying now. They also compare its valuation to competitor CarMax (KMX 4.04%).*Stock prices used were from the afternoon of March 20, 2024. The video was published on March 21, 2024. ...