Carvana Co. (CVNA) Misses Q1 EPS by 6c

Carvana Co. (NYSE: CVNA) reported Q1 EPS of ($0.53), $0.06 worse than the analyst estimate of ($0.47). Revenue for the quarter came in at $755.2 million versus the consensus estimate of $702.05 million.

Retail Units Sold of 36,766 an increase of 99% YoY

“The first quarter marked several spectacular milestones for Carvana. We delivered another quarter of triple digit revenue growth, entered our 100th market, and successfully completed our first securitization all while continuing to deliver exceptional customer experiences," said Ernie Garcia, founder and CEO of Carvana. “2019 is off to a great start. We are energized and remain focused on our goal of selling more than 2 million cars per year.”

For earnings history and earnings-related data on Carvana Co. (CVNA) click here.

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