What's Going On With Carvana Stock Wednesday?
Portfolio Pulse from Adam Eckert
Carvana Co (NYSE:CVNA) shares are in focus ahead of its Q2 earnings report. The company is expected to report a loss of 7 cents per share and revenue of $3.244 billion. Last quarter, Carvana surprised with a profit and significant revenue growth. Analysts have mixed ratings but generally positive price targets. Carvana shares are up over 155% year-to-date.
July 31, 2024 | 7:08 pm
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Carvana is set to report Q2 earnings with an expected loss of 7 cents per share and revenue of $3.244 billion. Last quarter's surprise profit and revenue growth have led to mixed but generally positive analyst ratings and price targets. The stock is up over 155% year-to-date.
Carvana's upcoming earnings report is highly anticipated due to its previous quarter's surprise profit and significant revenue growth. Analysts have generally positive ratings and price targets, indicating optimism. The stock's strong year-to-date performance suggests positive sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100