Carvana (NYSE:CVNA) reported its Q1 earnings results on Wednesday, April 20, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Carvana missed estimated earnings by 103.52%, reporting an EPS of $-2.89 versus an estimate of $-1.42.
Revenue was up $1.25 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.2 which was followed by a 21.04% increase in the share price the next day.
Here's a look at Carvana's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.82 | -0.28 | -0.41 | -0.67 |
| EPS Actual | -1.02 | -0.38 | 0.26 | -0.46 |
| Revenue Estimate | 3.53B | 3.27B | 2.44B | 1.94B |
| Revenue Actual | 3.75B | 3.48B | 3.34B | 2.25B |
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.
