CVNA Q2 Earnings Beat Estimates on Higher Y/Y Deliveries
Key Takeaways Carvana posted Q2 EPS of 4.84B, up 42% year over year and ahead of estimates.Retail unit sales jumped 41.2% to 143,280 vehicles, boosting gross profit by 50.1% to 601M with a 12.4% margin, up from 10.4% a year ago.Used car e-retailer Carvana (CVNA) reported second-quarter earnings of 1.10 per share and the year-ago quarter’s earnings of 14 cents per shar ...