Carvana (CVNA) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended March 2024, Carvana (CVNA) reported revenue of $3.06 billion, up 17.5% over the same period last year. EPS came in at -$0.41, compared to -$1.51 in the year-ago quarter.The reported revenue represents a surprise of +12.74% over the Zacks Consensus Estimate of $2.72 billion. With the consensus EPS estimate being -$0.76, the EPS surprise was +46.05%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...