Carvana (CVNA) Beats Q2 Earnings and Revenue Estimates

Carvana (CVNA) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.1 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +16.36%. A quarter ago, it was expected that this company would post earnings of $0.75 per share when it actually produced earnings of $1.51, delivering a surprise of +101.33%.Over the last four quarters, the company has su ...