Carvana (CVNA) Reports Q1 Loss, Tops Revenue Estimates

Carvana (CVNA) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of $0.76. This compares to loss of $1.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 46.05%. A quarter ago, it was expected that this company would post a loss of $0.95 per share when it actually produced a loss of $1, delivering a surprise of -5.26%.Over the last four quarters, the company has surpassed consensus ...