Carvana posted earnings per share and revenue above consensus forecasts, while Ford also exceeded Wall Street estimates on both metrics.
Carvana reported earnings per share of $1.69 versus an estimated $1.56, with revenue of $6.4 billion compared with expectations of $6.1 billion. Ford reported earnings per share of $0.66 versus an estimated $0.19, while revenue came in at $43 billion against estimates of $42 billion. The figures indicate both companies outperformed analyst expectations on profit and sales in the reported earnings update.