$-0.30 EPS Expected for Carvana Co (CVNA)

September 4, 2017 – By Adrian Mccoy

Wall Street await Carvana Co (NYSE:CVNA) to release earnings on September, 5. After posting $-0.28 EPS for the previous quarter, Carvana Co’s analysts now forecast 7.14 % negative EPS growth. The stock decreased 2.64% or $0.47 on September 1, reaching $17.34. About shares traded. Carvana Co (NYSE:CVNA) has 0.00% since September 4, 2016 and is . It has underperformed by 16.70% the S&P500.

Carvana Co (NYSE:CVNA) Ratings Coverage

Among 6 analysts covering Carvana (NYSE:CVNA), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Carvana has $22 highest and $15 lowest target. $17.40’s average target is 0.35% above currents $17.34 stock price. Carvana had 6 analyst reports since May 23, 2017 according to SRatingsIntel. On Tuesday, May 23 the stock rating was initiated by Robert W. Baird with “Outperform”. The stock has “Mkt Outperform” rating by JMP Securities on Tuesday, May 23. Citigroup initiated Carvana Co (NYSE:CVNA) rating on Tuesday, May 23. Citigroup has “Buy” rating and $17 target. The company was initiated on Tuesday, May 23 by Deutsche Bank. The stock has “Outperform” rating by Wells Fargo on Tuesday, May 23. The stock of Carvana Co (NYSE:CVNA) earned “Buy” rating by Craig Hallum on Tuesday, May 23.

Carvana Co. is an e-commerce platform for buying used cars. The company has market cap of $2.30 billion. On the Company’s platform, clients can research and identify a vehicle, inspect it using its proprietary 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase the vehicle and schedule delivery or pick-up, all from their desktop or mobile devices. It currently has negative earnings.

More notable recent Carvana Co (NYSE:CVNA) news were published by: Nasdaq.com which released: “Abrams Bison Investments, Llc Buys Carvana Co, Sells Signet Jewelers” on August 15, 2017, also Streetinsider.com with their article: “Carvana Co. (CVNA) Announces Acquisition of Carlypso; Terms Not Disclosed” published on August 08, 2017, Marketwatch.com published: “Carvana shares are falling following the company’s first acquisition” on August 09, 2017. More interesting news about Carvana Co (NYSE:CVNA) were released by: Seekingalpha.com and their article: “Carvana Delivers A Stable IPO” published on September 01, 2017 as well as Prnewswire.com‘s news article titled: “SHAREHOLDER ALERT – Bronstein, Gewirtz & Grossman, LLC Announces Investigation …” with publication date: August 21, 2017.