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Carvana's record quarterly results top Wall Street expectations
CVNACarvana (CVNA) CNBC·2025-05-07 20:11

Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023.DETROIT — Carvana's first-quarter results easily topped Wall Street's expectations as the company reported record sales driven by higher-than-expected industry demand amid fears of price increases due to automotive tariffs.Here's how the company performed in the first quarter, compared with average estimates compiled by LSEG:Earnings per share: 1.51vs.67centsexpectedRevenue:1.51 vs. 67 cents expectedRevenue: 4.23 billion vs. $3.98 billion expectedT ...