Hot Stock Buzz: Carvana Co. (NYSE: CVNA)

Diana Esparza

I am Diana Esparza I give “Tribune Updates” an insight into the most recent news hitting the “Services” sector in Wall Street.

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community.

Address: 2716 Lightning Point Drive Memphis, TN 38117, USA
Phone: (+1) 901-418-1821
Email: dianaesparza@tribuneupdates.com
Diana Esparza

PHOENIX, November 13, 2019 – Shares of Carvana Co. (NYSE: CVNA) showed the bullish/bearish trend with a higher momentum of 0.92% to $78.20. The company traded total volume of 1.627M shares as contrast to its average volume of 1.60M shares. The company has a market value of $11.12B and about 142.15M shares outstanding.

Carvana Co. (NYSE: CVNA) posted revenues of $986.22M for the quarter ended June 2019, surpassing the Zacks Consensus Estimate by 8.86%. This compares to year-ago revenues of $475.29M. The company has topped consensus revenue estimates three times over the last four quarters. The company came out with a quarterly loss of $0.40 per share versus the Zacks Consensus Estimate of a loss of $0.39. This compares to loss of $0.37 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.56%. A quarter ago, it was expected that this company would post a loss of $0.50 per share when it actually produced a loss of $0.53, delivering a surprise of -6%.

The Company offered net profit margin of -4.30% while its gross profit margin was 11.90%. ROE was recorded as -134.00%. The stock, as of recent close, has shown the weekly downbeat performance of -4.07% which was maintained at 139.07% in this year.

Diana Esparza

Diana Esparza

I am Diana Esparza I give “Tribune Updates” an insight into the most recent news hitting the “Services” sector in Wall Street. I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 2716 Lightning Point Drive Memphis, TN 38117, USA Phone: (+1) 901-418-1821 Email: dianaesparza@tribuneupdates.com

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