Carvana (CVNA) Beats Q1 Earnings and Revenue Estimates

Carvana (CVNA) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of$ 0.75 per share. This compares to loss of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 101.33%. A quarter ago, it was expected that this company would post earnings of$ 0.24 per share when it actually produced earnings of $0.56, delivering a surprise of 133.33%.Over the last four quarters, the company has surpas ...