Is Carvana (CVNA) Worth Buying Pre-Q2 Earnings Release?

Image Source: Zacks Investment Research What's Shaping Q2 Results? YTD Price Comparison Carvana's three-step plan— focusing on achieving positive adjusted EBITDA, enhancing adjusted EBITDA per unit and returning to growth— sparks optimism. The acquisition of ADESA's U.S. operations has significantly bolstered Carvana's logistics, auction capabilities, and reconditioning processes, promising to increase its annual reconditioning capacity from 1.3 million to 3 million units. This expansion enhances vehicle qu ...