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via finance.yahoo.comBusiness & Companies

Carvana shares rise after Q3 revenue beats expectations, though EPS missed estimates

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Carvana Co. shares traded about 1.6% higher in after-hours trading on Wednesday following the release of third-quarter financial results. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%.…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishMixed results for a mid-cap: revenue beat forecasts while EPS missed, and the stock rose in after-hours trading.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Carvana reported EPS of $0.39, below the $0.44 estimate.
  2. 02Revenue reached $8.04 billion versus a consensus of $7.67 billion.
  3. 03Shares traded about 1.6% higher in after-hours trading on Wednesday.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Carvana Co.CVNAStock59.05 USDMarket closedtoday -0.30%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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