
The shares underperformed major indexes in the latest session, with Carvana’s next earnings report scheduled for October 28.
Carvana shares fell 1.75% to $62.76 in the latest trading session, underperforming the S&P 500, which lost 0.22%. The Dow fell 0.66%, while the Nasdaq declined 0.22%.
Before that session, Carvana shares had lost 14.51%, according to the article. The Retail-Wholesale sector was down 3.19% over the same period, while the S&P 500 had gained 1.4%.
Carvana is scheduled to report earnings on October 28. Zacks’ consensus estimate calls for earnings of $0.49 per share and revenue of $7.62 billion for the quarter.
This article was produced with the help of AI technology. Source: Yahoo Finance