Edition:
United Kingdom

Carvana Co (CVNA.N)

CVNA.N on New York Stock Exchange

59.39USD
24 May 2019
Change (% chg)

$-3.89 (-6.15%)
Prev Close
$63.28
Open
$63.40
Day's High
$63.80
Day's Low
$58.52
Volume
400,804
Avg. Vol
332,090
52-wk High
$76.83
52-wk Low
$24.46

Latest Key Developments (Source: Significant Developments)

Carvana Co Offers $250 Mln Of Additional 8.875% Senior Notes Due 2023 In Private Offering
Monday, 20 May 2019 

May 20 (Reuters) - Carvana Co ::CARVANA CO. ANNOUNCES OFFERING OF CLASS A COMMON STOCK.CARVANA CO - PROPOSING TO SELL 3.5 MILLION SHARES OF CLASS A COMMON STOCK.CARVANA CO - OFFERING $250.0 MILLION OF ADDITIONAL 8.875% SENIOR NOTES DUE 2023 IN A PRIVATE OFFERING.  Full Article

Carvana Adjusted Net Loss Per Class A Share Was $0.53 In Quarter
Wednesday, 8 May 2019 

May 8 (Reuters) - Carvana Co ::CARVANA ANNOUNCES FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 REVENUE $755.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $709.7 MILLION.QTRLY RETAIL UNITS SOLD OF 36,766 AN INCREASE OF 99% YOY.QTRLY VEHICLES PURCHASED DIRECTLY FROM CUSTOMERS UP 232% YOY.BASIC AND DILUTED NET LOSS, INCLUDING GIFT, PER CLASS A SHARE WAS $0.69 IN QUARTER.ADJUSTED NET LOSS PER CLASS A SHARE WAS $0.53 IN QUARTER.SEES 2019 RETAIL UNIT SALES OF 165,000 – 170,000, AN INCREASE OF 75% – 81%.SEES 2019 REVENUE OF $3.5 BILLION – $3.6 BILLION, AN INCREASE OF 79% – 84%.SEES 2019 TOTAL GROSS PROFIT PER UNIT EX-GIFT OF $2,450 – $2,650, AN INCREASE FROM $2,133.  Full Article

Carvana Announces Fourth Quarter And Full Year 2018 Results
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Carvana Co ::CARVANA ANNOUNCES FOURTH QUARTER AND FULL YEAR 2018 RESULTS.QTRLY REVENUE OF $584.8 MILLION, AN INCREASE OF 121% YOY.QTRLY RETAIL UNITS SOLD OF 27,750, AN INCREASE OF 105% YOY.QTRLY TOTAL GROSS PROFIT (INCL. GIFT) OF $56.1 MILLION, AN INCREASE OF 156% YOY.Q4 REVENUE VIEW $604.0 MILLION -- REFINITIV IBES DATA.SEES 2019 REVENUE OF $3.4 BILLION – $3.5 BILLION.SEES 2019 RETAIL UNIT SALES OF 160,000 – 165,000.QTRLY LOSS PER SHARE $0.74.QTRLY ADJUSTED LOSS PER SHARE $0.55.Q4 EARNINGS PER SHARE VIEW $-0.49 -- REFINITIV IBES DATA.FY2019 REVENUE VIEW $3.55 BILLION -- REFINITIV IBES DATA.  Full Article

Carvana Q3 Revenue $535 Mln Vs I/B/E/S View $509.9 Mln
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Carvana Co ::CARVANA ANNOUNCES THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 REVENUE $535 MILLION VERSUS I/B/E/S VIEW $509.9 MILLION.QTRLY RETAIL UNITS SOLD OF 25,324, AN INCREASE OF 116% YOY.QTRLY BASIC AND DILUTED NET LOSS, INCLUDING GIFT, PER CLASS A SHARE WAS $0.50.QTRLY ADJUSTED NET LOSS PER CLASS A SHARE, WAS $0.40.SEES Q4 RETAIL UNIT SALES OF 27,500 – 30,000.SEES Q4 TOTAL REVENUE OF $570 MILLION – $630 MILLION.Q3 EARNINGS PER SHARE VIEW $-0.37 -- THOMSON REUTERS I/B/E/S.Q4 REVENUE VIEW $578.9 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Carvana Announces Senior Notes Offering
Monday, 10 Sep 2018 

Sept 10 (Reuters) - Carvana Co ::CARVANA CO. ANNOUNCES SENIOR NOTES OFFERING.PLANNING TO OFFER $300.0 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2023.INTENDS TO USE OFFERING PROCEEDS TO PAY ITS FEES AND EXPENSES AND FOR GENERAL PURPOSES.  Full Article

Carvana Announces Second Quarter 2018 Financial Results
Wednesday, 8 Aug 2018 

Carvana Co ::CARVANA ANNOUNCES SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 REVENUE $475 MILLION VERSUS I/B/E/S VIEW $424.2 MILLION.ON TRACK FOR FIFTH CONSECUTIVE YEAR OF TRIPLE-DIGIT REVENUE GROWTH IN 2018.  Full Article

Carvana Announces First Quarter 2018 Financial Results
Wednesday, 9 May 2018 

May 9 (Reuters) - Carvana Co ::CARVANA ANNOUNCES FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 REVENUE $360 MILLION VERSUS I/B/E/S VIEW $346 MILLION.QTRLY GAAP BASIC AND DILUTED NET LOSS PER CLASS A SHARE WAS $0.53.QTRLY ADJUSTED NET LOSS PER CLASS A SHARE WAS $0.40.SEES Q2 TOTAL REVENUE OF $395 MILLION – $435 MILLION, AN INCREASE OF 89% – 108%.SEES 2018 REVENUE OF $1.75 BILLION – $1.85 BILLION, AN INCREASE OF 104% – 115%.  Full Article

Spruce House Investment Management Reports A 16.2 Percent Passive Stake In Carvana Co As Of April 25, 2018
Friday, 27 Apr 2018 

April 27 (Reuters) - Carvana Co ::SPRUCE HOUSE INVESTMENT MANAGEMENT LLC REPORTS A 16.2 PERCENT PASSIVE STAKE IN CARVANA CO AS OF APRIL 25, 2018 - SEC FILING.  Full Article

Carvana Announces Upsize And Pricing Of Its Follow-On Offering Of Class A Common Stock
Thursday, 26 Apr 2018 

April 26 (Reuters) - Carvana Co ::CARVANA CO. ANNOUNCES UPSIZE AND PRICING OF ITS FOLLOW-ON OFFERING OF CLASS A COMMON STOCK.CARVANA CO - UPSIZE AND PRICING OF ITS FOLLOW-ON PUBLIC OFFERING OF 11 MILLION SHARES OF ITS CLASS A COMMON STOCK AT $27.50 PER SHARE.CARVANA CO - IS SELLING 6.6 MILLION SHARES OF CLASS A COMMON STOCK AND SELLING STOCKHOLDERS ARE SELLING 4.4 MILLION SHARES OF CLASS A COMMON STOCK.CARVANA CO - OFFERING WAS UPSIZED FROM PREVIOUSLY ANNOUNCED OFFERING SIZE OF 10 MILLION SHARES OF CLASS A COMMON STOCK.  Full Article

683 Capital Management Reports Passive Stake Of 7.3 Pct In Carvana Co
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Carvana Co ::683 CAPITAL MANAGEMENT LLC REPORTS PASSIVE STAKE OF 7.3 PERCENT IN CARVANA CO AS ON NOVEMBER 29 - SEC FILING.  Full Article