Carvana Climbs Nearly 40% on Impressive Earnings & Outlook: Still Not Time to Buy CVNA Yet, Though

By |2024-05-02T16:27:28+00:00May 2nd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

For the second consecutive quarter Carvana (CVNA) has delivered an impressive earnings beat coupled with an optimistic outlook for the upcoming quarter, sending shares nearly 40% higher Thursday morning.  The online car retailer easily delivered an earnings beat for the first quarter of 2024. Revenue of $3.06 billion was a 17% improvement year over [...]