Shares of Carvana have lost 90% of their value over the past year as sales growth plummeted and profitability sank. The company is battling declining affordability for used cars, driven by inflation ...

On the surface, Carvana (NYSE: CVNA) looks like it had a spectacular turnaround year in 2023. Earnings rocketed from a $15.74 per share loss in 2022 to a profit of $4.12 per share. And it also seems ...

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 ...

The “Amazon of used cars” has a plan to restructure its debt that its bondholders refuse to accept. Carvana, the ailing used car company, is attempting to lower its debt levels and restructure the ...

Used car retailer Carvana, facing a cash crunch, could be headed towards bankruptcy, according to both published reports and a bearish analyst's call that slashes its share-price target to $1. In ...

The used-car dealer isn't profitable yet has a material debt load. Although Carvana would like to grow its earnings, the leverage headwind is a major problem. The car dealer is focused on growing ...

Carvana Co. (NYSE:CVNA) shares are trading lower in the premarket session on Wednesday. The company has unveiled plans to integrate an auction and reconditioning ‘Megasite' in central New Jersey. The ...

Carvana’s strategies are gaining traction and disrupting the used car market, while CarMax’s established model helps maintain its competitive position. The used car market is experiencing a period of ...

Carvana's interest expense continues to rise. CarMax has twice the debt, but nowhere near the same interest expense. Carvana's cash could struggle to cover interest expenses in the near term.

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, ...