“Deterioration in market conditions, a bloated cost structure, and high cash burn” are causing Wedbush analysts to foresee a darker future for used car dealer Caravana Co. (NYSE: CVNA).
KAR Auction Services (NYSE:KAR) reported quarterly earnings of $0.04 per share which missed the analyst consensus estimate of $0.09 by 55.56 percent. This is a 73.33 percent decrease over earnings of $0.15 per share from