_carvana-reports-stellar-q1-results-as-high-interest-rates-push-buyers-to-the-used-car-market-shares-soar-30.jpg "Carvana Reports Stellar Q1 Results, as High Interest Rates Push Buyers to the Used Car Market. Shares Soar 30%. from sexo marlene soares Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:35
👁 View: 5M times
✓ Published: 03-May-2024
👁 View: 5M times
✓ Published: 03-May-2024
Description:
Carvana shares soared over 30% in after-hours trading after reporting first-quarter revenue of more than a billion, beating analyst estimates. The company forecast a sequential rise in adjusted core profit and retail unit sales growth, surprising analysts who expected a sales decline. Adjusted earnings before interest, tax, depreciation, and amortization were more than $200 million, exceeding estimates. Carvana's inventory of unsold used vehicles on dealer lots rose 9% from a year ago. High interest rates have pushed some consumers to the used car market for better deals than new vehicles.
Carvana shares soared over 30% in after-hours trading after reporting first-quarter revenue of more than a billion, beating analyst estimates. The company forecast a sequential rise in adjusted core profit and retail unit sales growth, surprising analysts who expected a sales decline. Adjusted earnings before interest, tax, depreciation, and amortization were more than $200 million, exceeding estimates. Carvana's inventory of unsold used vehicles on dealer lots rose 9% from a year ago. High interest rates have pushed some consumers to the used car market for better deals than new vehicles.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_quem-esse-vento-ajuda-marlene-soraes.webp "Marlene Soares")
_packers39-optimism-soars-with-strong-draft-and-free-agency.webp "Packers' Optimism Soars with Strong Draft and Free Agency from sexo marlene soares")
_hoje-meu-dia-foi-assim-organizar-a-casa.webp "Marlene Soares")
_essa-noite-t-muito-calor.webp "Marlene Soares")
_1-de-maio-de-2021.webp "Joseinaldo Silva12")
_cortes-da-marlene-soares-ep-0001.webp "Marlene Soares - Cortes")
_ivan-cornejo-92.webp "Ivan Cornejo has returned to Genius, gracing the Open Mic stage with his latest hit “Baby Please.” Produced by Frank Rio, the single soared to number 8 on the Billboard Hot Latin Songs chart. This marks the singer-songwriters second single, following the success of “Está Dañada,” to break into the top 10 on the chart. Fresh off headlining the Houston Rodeo, the 19-year-old sensation continues to captivate audiences with his soul-soothing music, solidifying his status as a rising superstar in the making.")
_quem-vai-querer-minhas-coxinhas-marlene-soares.webp "Marlene Soares")
_quem-esse-vento-ajuda-marlene-soraes.jpg)
_packers39-optimism-soars-with-strong-draft-and-free-agency.jpg)
_hoje-meu-dia-foi-assim-organizar-a-casa.jpg)
_essa-noite-t-muito-calor.jpg)
_1-de-maio-de-2021.jpg)
_cortes-da-marlene-soares-ep-0001.jpg)
_ivan-cornejo-92.jpg)
_quem-vai-querer-minhas-coxinhas-marlene-soares.jpg)
![[+]](/images/menu.gif){kind=small}