TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — Carvana Co. (CVNA) on Wednesday reported second-quarter net income of $183 million.
On a per-share basis, the Tempe, Arizona-based company said it had net income of $1.28.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The company posted revenue of $4.84 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $4.58 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVNA at https://www.zacks.com/ap/CVNA
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