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What's Going On With Carvana Stock Wednesday?
Carvana Co (NYSE:CVNA) shares are in the spotlight Wednesday ahead of earnings after the bell. Here’s what you need to know before the report.
What To Know: Carvana will report financial results for the second quarter after the market close on Wednesday. The company is expected to report a quarterly loss of 7 cents per share and revenue of $3.244 billion, according to estimates from Benzinga Pro.
Last quarter, Carvana shares soared more than 30% after the used car retailer reported a surprise profit of 23 cents per share, beating analyst estimates for a loss of 77 cents per share. Revenue also jumped 16% on a year-over-year ...