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Carvana Co (NYSE:CVNA) delivered financial results for the first quarter after the closing bell on Wednesday. Here’s what you need to know from the report.
- Carvana shares are trending. Why are CVNA shares in the spotlight?
Carvana Q1 Highlights
Carvana reported first-quarter revenue of $6.43 billion, beating analyst estimates of $6.08 billion, according to Benzinga Pro. The company reported first-quarter earnings of $1.69 per share, beating estimates of $1.50 per share.
Total revenue increased 52% year-over-year after Carvana sold 187,393 vehicles in …
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