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via finance.yahoo.comBusiness & Companies

Carvana Q3 earnings miss expectations while revenue beats forecasts

FROM THE WIRE · FINANCE.YAHOO.COM

TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — Carvana Co. (CVNA) on Wednesday reported third-quarter earnings of $289 million. The Tempe, Arizona-based company said it had net income of 39 cents per share. The results did not meet Wall Street expectations. The average estimate of five…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralEPS fell short of estimates while revenue beat consensus, making the net market impact mixed.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Carvana reported third-quarter earnings of $289 million.
  2. 02Net income was 39 cents per share against an estimate of 47 cents.
  3. 03Revenue of $8.04 billion exceeded forecasts of $7.67 billion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Carvana Co.CVNAStock59.05 USDMarket closedtoday -0.30%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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