Will Carvana Stock Make Another Outsized Move After Earnings?

Carvana Co (NYSE:CVNA) is ready to step into the earnings confessional after the close tomorrow, July 31. Per Zacks.com, analysts expect Carvana to record a breakeven second-quarter earnings per share on revenue of $3.2 billion. Ahead of the event, shares of the online used-car retailer is trading 3.3% lower at $123.68. It's easy to spot those post-earnings jumps on the chart, with both representing big bull gaps that have helped Carvana stock add 133.5% in 2024. A comparable move would help the security br ...