JUMP REPORT
CARVANA (CVNA)
EARNINGS RELEASE - AUGUST 5 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.83/share REV: 1,140/M
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LAST QTR: EPS: -.66/share ACTUAL: -1.18/share (MISS)
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NEXT QTR: EPS: -.69/share REV: 1,410/M
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FULL YR: EPS: -3.34/share REV: 5,180/M
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BEAT/MISS RECORD: XX% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 10.9, -20.14, -10.59
EXPECTED JUMP MOVE THIS QUARTER: 15%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before tradin
Links To Latest News and Headlines
We recently published a list of Top 10 Stocks to Buy According to Durable Capital Partners. In this article, we are going to take a look at where Carvana Co. (NYSE:CVNA) stands against other top stocks to buy according to Durable Capital Partners. Durable Capital Partners is a Maryland-based hedge fund management firm founded in the […]
Carvana (NYSE:CVNA) recently announced a significant improvement in its Q4 2024 earnings, showcasing substantial growth in sales and revenue, and achieving a positive net income after a period of losses. This strong financial performance likely contributed to the company’s 11% share price rise over the past week. Meanwhile, the broader market remained positive, with major indexes showing resilience, which may have further supported Carvana’s gains. The improving performance signals a…
The major indexes were fractionally higher near noon, continuing yesterday’s rally after the Federal Reserve held its benchmark interest rate steady on Wednesday, though Chair Jerome Powell noted there is “high uncertainty” about the potential impact of the Trump administration’s policies. Some solid housing data also allayed some worries about the U.S. economy potentially approaching a recession. Looking to commodities, gold prices have surged to new record highs, surpassing the $3,000 per ounc
Amazon is reportedly planning to offer used cars but analysts don’t expect disruption for Carvana and competitors just yet.
Carvana (CVNA) reported earnings 30 days ago. What’s next for the stock? We take a look at earnings estimates for some clues.
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ANALYSIS:
StockJumpers trajectory analysis has a mixed market response post release. This is a VERY overpriced stock and is due for correction, and the data suggests it will but may not be until the following day. We are biased short on this event and will sell at market close, even if there is another small bump post release we will hold the position into tomorrow. (We are looking for it to drop over the next few days,)
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OUR TRADE PLAN:
ENTRY: SELL
STOP LOSS: N/A
INITIAL PROFIT TARGET: 15%
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TRADE ASSIST: N/A
POST RELEASE ACTION:
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There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
Members who are too busy to manual trade can use Trade Assist. For more information visit here
Avg Daily Volume: 2,051,943 Market Cap: 23.16B
Sector: None Short Interest: 40.73
Ticker delayed 20 minutes
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