Bloomberg Technology

Carvana Surges as Used-Car Retailer’s Profit Tops Estimates

Carvana topped Wall Street’s profit expectations in the final months of 2023 and said it expects improved earnings this quarter, sending its shares up the most in seven months as the used-car retailer defies the challenges of high interest rates and inflation. Carvana CEO Ernie Garcia joins Caroline Hyde on “Bloomberg Technology.”

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Carvana topped Wall Street’s profit expectations in the final months of 2023 and said it expects improved earnings this quarter, sending its shares up the most in seven months as the used-car retailer defies the challenges of high interest rates and inflation. Carvana CEO Ernie Garcia joins Caroline Hyde on “Bloomberg Technology.”

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