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Carvana Surges On Strong Q1

B
Benzinga

55 Views • Apr 30, 2026

Description

Carvana beat Q1 estimates with $6.43B in revenue and $1.69 EPS, up 52% YoY, as the company sold 187,393 vehicles — its sixth straight quarter of 40%+ retail unit growth. Shares jumped 8% premarket as CEO Ernie Garcia called results record-setting and guided for sequential improvement in Q2.