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Barchart
Barchart
Neha Panjwani

Earnings Preview: What to Expect From Carvana's Report

Carvana Co. (CVNA), headquartered in Tempe, Arizona, operates auction sites and an e-commerce platform for buying and selling used cars. With a market cap of $81.2 billion,  the company offers test drives, vehicle financing, and car reviews. The online used car retailer is expected to announce its fiscal first-quarter earnings for 2026 after the market closes on Wednesday, Apr. 29.

Ahead of the event, analysts expect CVNA to report a profit of $1.39 per share on a diluted basis, down 8% from $1.51 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.

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