Carvana (NYSE:CVNA) reported its Q2 earnings results on Thursday, August 4, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Carvana missed estimated earnings by 30.56%, reporting an EPS of $-2.35 versus an estimate of $-1.8.
Revenue was up $548.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $1.47 which was followed by a 10.12% drop in the share price the next day.
Here’s a look at Carvana’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -1.42 | -0.82 | -0.28 | -0.41 |
| EPS Actual | -2.89 | -1.02 | -0.38 | 0.26 |
| Revenue Estimate | 3.39B | 3.53B | 3.27B | 2.44B |
| Revenue Actual | 3.50B | 3.75B | 3.48B | 3.34B |
To track all earnings releases for Carvana visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
