Carvana Co. (NYSE: CVNA) is set to announce its financial results for the third quarter of 2024 on Wednesday 30th October 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
Financial experts on Wall Street anticipate that the concern is set to announce an estimated $0.25 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $3.45 billion for this specific period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $13.15 billion. Additionally, they expect the company to post profit of $0.59 per share for the fiscal year.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share loss of $0.5. This numbers can be credited to the company's total revenue, which amounted to an impressive $2.77 billion during the same quarter.
CVNA has scheduled a conference call on 30th October 2024 at 05:30 PM eastern time to discuss the third quarter financial results and other related information.
Monday's trading saw Carvana Co. (CVNA) shares hit a low of $204.15 and a high of $208.30, with a day volume of 2.78 million shares. The stock closed the regular trading session at $205.02, marking 1.23 percent rise.
