Previous quarter gross 10B net

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Previous quarter gross 10B net 450M.

Lastest quarter gross 3B net 28M. And it went up so much 🤔.

Carvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales

big upside surprise," Huber Research Partners analyst Douglas Arthur said.Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.The company reported a first-quarter profit of $49 million, compared with analysts' estimates of $31.2 million, according to LSEG data.The total supply of unsold used vehicles on dealer lots across th

Carvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales

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And it went up so much 🤔.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/301632577851584","repostId":2432598655,"repostType":2,"repost":{"id":"2432598655","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714601700,"share":"https://www.laohu8.com/m/news/2432598655?lang=&edition=full","pubTime":"2024-05-02 06:15","market":"us","language":"en","title":"Carvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2432598655","media":"Reuters","summary":"big upside surprise,\" Huber Research Partners analyst Douglas Arthur said.Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.The company reported a first-quarter profit of $49 million, compared with analysts' estimates of $31.2 million, according to LSEG data.The total supply of unsold used vehicles on dealer lots across th","content":"<html><head></head><body><p>May 1 (Reuters) - Shares of Carvana surged 32.3% in extended trading on Wednesday after the used-car seller forecast a surprise rise in current-quarter retail sales and core profit.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1f03e6d99cfdb0b29f45074500a72ac2\" tg-width=\"841\" tg-height=\"620\"/></p><p>Carvana&#39;s results come as high interest rates prompt consumers to look for deals on second-hand cars instead of buying new ones.</p><p>Its shares, which have a short interest of 27% of free float, are up about 65% this year after recording an 11-fold rise last year.</p><p>The surge in its stock price is set to add about $5 billion to its market capitalization of $17.6 billion, as of Wednesday&#39;s close.</p><p>The used-car retailer said it was expecting a sequential increase in adjusted core profit and growth rate in retail units in the second quarter, while analysts expected a 2.6% fall in retail sales from a year earlier.</p><p>Revenue for the first three months of the year was $3.06 billion, beating analysts&#39; estimates of $2.89 billion, according to LSEG data.</p><p>&#34;Revenues beat expectations by quite a bit and expenses remained flat … big upside surprise,&#34; Huber Research Partners analyst Douglas Arthur said.</p><p>Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.</p><p>The company reported a first-quarter profit of $49 million, compared with analysts&#39; estimates of $31.2 million, according to LSEG data.</p><p>The total supply of unsold used vehicles on dealer lots across the United States rose 9%, to 2.27 million units in March from a year earlier, according to market research firm Cox Automotive.</p><p>Last month, Carvana&#39;s rival CarMax missed analysts&#39; estimates for fourth-quarter results and said it might not meet its long-term vehicle sales target.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Carvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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estimates of $2.89 billion, according to LSEG data.</p><p>&#34;Revenues beat expectations by quite a bit and expenses remained flat … big upside surprise,&#34; Huber Research Partners analyst Douglas Arthur said.</p><p>Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.</p><p>The company reported a first-quarter profit of $49 million, compared with analysts&#39; estimates of $31.2 million, according to LSEG data.</p><p>The total supply of unsold used vehicles on dealer lots across the United States rose 9%, to 2.27 million units in March from a year earlier, according to market research firm Cox Automotive.</p><p>Last month, Carvana&#39;s rival CarMax missed analysts&#39; estimates for fourth-quarter results and said it might not meet its long-term vehicle sales target.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432598655","content_text":"May 1 (Reuters) - Shares of Carvana surged 32.3% in extended trading on Wednesday after the used-car seller forecast a surprise rise in current-quarter retail sales and core profit.Carvana's results come as high interest rates prompt consumers to look for deals on second-hand cars instead of buying new ones.Its shares, which have a short interest of 27% of free float, are up about 65% this year after recording an 11-fold rise last year.The surge in its stock price is set to add about $5 billion to its market capitalization of $17.6 billion, as of Wednesday's close.The used-car retailer said it was expecting a sequential increase in adjusted core profit and growth rate in retail units in the second quarter, while analysts expected a 2.6% fall in retail sales from a year earlier.Revenue for the first three months of the year was $3.06 billion, beating analysts' estimates of $2.89 billion, according to LSEG data.\"Revenues beat expectations by quite a bit and expenses remained flat … big upside surprise,\" Huber Research Partners analyst Douglas Arthur said.Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.The company reported a first-quarter profit of $49 million, compared with analysts' estimates of $31.2 million, according to LSEG data.The total supply of unsold used vehicles on dealer lots across the United States rose 9%, to 2.27 million units in March from a year earlier, according to market research firm Cox Automotive.Last month, Carvana's rival CarMax missed analysts' estimates for fourth-quarter results and said it might not meet its long-term vehicle sales target.","news_type":1},"isVote":1,"tweetType":1,"viewCount":45,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":79,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}