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Carvana Could Earn $180 Million This Quarter, According to 1 Wall Street Analyst
Carvana Carvana (US:CVNA) The Motley Foolยท2024-04-22 16:07

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 ...