“Carvana shares spike 30% as used car retailer posts record first quarter”
May 9, 2024
“…Here is how the company performed in the first quarter, compared with average estimates compiled by LSEG:
- Earnings per share: 23 cents — it was not immediately clear if it was comparable to the loss of 74 cents expected
- Revenue: $3.06 billion vs. $2.67 billion expected
Carvana reported record first-quarter net income of $49 million, compared to a $286 million loss during the prior-year period. It also posted an all-time-best adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, of $235 million, up from a $24 million loss a year earlier…”
https://www.cnbc.com/2024/05/01/carvana-cvna-earnings-q1-2024.html