Firm releases report questioning related-party arrangements as online auto dealer has reported a surge in profitability ...
Gotham said that it sees concerns around accounting, disclosure, and business practices at Carvana that will lead to regulatory trouble. ・Meanwhile, JPMorgan expects Carvana to report a "solid beat ...
Carvana Co. raises “lots of red flags,” especially after the recent implosion of auto lender Tricolor Holdings, says famed short-seller Jim Chanos, who has singled out the online car retailer over the ...
Carvana (NYSE:CVNA) released its third-quarter earnings report last week, revealing record revenue of $5.6 billion, up 55% year-over-year, driven by 155,941 retail units sold, a 44% increase. However, ...
Carvana may be facing a more challenging macroeconomic environment as subprime delinquency rates begin to rise while consumer discretionary spending remains selective. Despite strong YTD performance ...
Connecticut residents who bought a car from Carvana may be eligible for money after the online car retailer agreed to a settlement establishing a $1 million customer restitution fund. The settlement, ...
Carvana Co. is downgraded from Strong Buy to Hold due to rising risks in its loan-dependent business model. CVNA's Q3 earnings beat expectations, but over 100% of net income came from gains on the ...
Carvana stock is outperforming companies like Nvidia, Google, Apple, Tesla and Meta in terms of annual percentage gains. The used car retailer's share price is up over 95% year-over-year as of Dec. 10 ...
Buying a car in America is usually a hellish experience involving pushy salespeople, mysterious fees, and hours-long financing negotiations. That’s something Carvana aimed to solve with its online ...
Carvana (CVNA) reported record Q3 revenue of $5.6B but missed earnings expectations at $1.03 per share versus $1.30 expected. Carvana’s loan portfolio is 44% nonprime borrowers and its 60-day prime ...