Carvana Posts Strong Q4 Results but Faces Stock Decline

Reported 2 days ago

Carvana reported revenue of $3.55 billion and earnings per share of $0.56 for Q4 2024, surpassing estimates; however, shares fell 10% in after-hours trading despite a significant overall increase in value during the year. The company aims for continued growth in retail sales and profit margins in 2025, even as it navigates challenges in the used car market.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis