Carvana stock surges 15% after earnings, revenue top consensus estimates
Carvana Co. shares shot up roughly 15% in the extended session Wednesday after the company reported narrower-than-expected losses and a revenue beat. The company reported a second-quarter net loss attributable to class A shareholders of $26.6 million, or 58 cents a share, compared with a net loss attributable to class A shareholders of $10 million, or 41 cents a share, in the year-ago period. Adjusted for an exchange of LLC units for class A stock, among other things, earnings were 40 cents a share. Читать дальше...