These Analysts Boost Their Forecasts On Carvana After Strong Q3 Results
These Analysts Boost Their Forecasts On Carvana After Strong Q3 Results
Carvana Co. (NYSE:CVNA) reported better-than-expected third-quarter financial results on Wednesday.
Carvana公司(紐交所: CVNA)週三報告稱,第三季度財務業績好於預期。
Carvana reported third-quarter revenue of $3.66 billion, beating the consensus estimate of $3.45 billion, according to Benzinga Pro. The used car retailer reported third-quarter earnings of 64 cents per share, beating analyst estimates of 17 cents per share.
Carvana報告第三季度營業收入36.6億美元,超過了34.5億美元的共識估算,據彭博社稱。這家二手車零售商報告第三季度每股收益爲64美分,超過了每股17美分的分析師預期。
"Carvana's exceptional results underscore our position as the fastest-growing and most profitable automotive retailer. Our progress in Q3 further highlights the strength of our vertically integrated business model and also begins to demonstrate the power of our unique infrastructure, including the ADESA network," said Ernie Garcia, co-founder and CEO of Carvana.
"Carvana 的出色業績凸顯了我們作爲增長最快、最具盈利能力的汽車零售商的地位。我們在第三季度的進展進一步突顯了我們垂直一體化業務模式的優勢,也開始展現我們獨特製造行業的力量,包括 ADESA 網絡,"Carvana 的聯合創始人兼首席執行官 Ernie Garcia 表示。
Carvana said it anticipates a sequential increase in year-over-year growth for retail units sold in the fourth quarter. The company also expects full-year adjusted EBITDA to be above the high end of its previous guidance range of $1 billion to $1.2 billion.
Carvana表示,預計第四季度零售銷售單位的同比增長將有所增加。該公司還預計全年調整後EBITDA將超過此前10億至12億美元的指導範圍的高端。
Carvana shares jumped 23.5% to trade at $256.00 on Thursday.
Carvana股價週四上漲23.5%,交易價爲256.00美元。
These analysts made changes to their price targets on Carvana following earnings announcement.
這些分析師在收到Carvana的盈利公告後對其價格目標進行了調整。
- Baird analyst Colin Sebastian maintained Carvana with a Neutral and raised the price target from $160 to $240.
- Needham analyst Chris Pierce maintained Carvana with a Buy and raised the price target from $200 to $300.
- JP Morgan analyst Rajat Gupta maintained the stock with an Overweight and raised the price target from $230 to $300.
- Baird分析師Colin Sebastian維持Carvana的中立評級,並將價格目標從160美元提高至240美元。
- Needham分析師Chris Pierce維持對Carvana的買入評級,將價格目標從200美元提高至300美元。
- JP Morgan 分析師 Rajat Gupta 保持該股票評級爲增持,並將目標價從230美元上調至300美元。
Considering buying CVNA stock? Here's what analysts think:
考慮購買 Carvana 股票嗎?這是分析師的看法:
Read More:
閱讀更多:
- Jim Cramer: This Financial Stock Is 'One Of The Most Consistent, Great Companies'
- 吉姆·克雷默: 這家金融股是'最穩定、最優秀的公司之一'
譯文內容由第三人軟體翻譯。