VTYX - Carvana Posts Q4 Results Joins LegalZoom.com Comfort Systems And Other Big Stocks Moving Higher On Friday | Benzinga
U.S. stocks were mostly higher, with the Dow Jones index gaining more than 100 points on Friday.
Shares of Carvana Co. (NYSE: CVNA) rose sharply during Friday’s session after the company reported fourth-quarter financial results.
Carvana reported fourth-quarter revenue of $2.424 billion, which missed the consensus estimate of $2.528 billion, according to Benzinga Pro. The company reported quarterly loss of $1 per share, which missed analyst estimates for a loss of 88 cents per share.
Carvana expects retail units sold in the first quarter to be "slightly up” on a year-over-year basis. The company anticipates first-quarter adjusted EBITDA "significantly above” $100 million.
Carvana shares surged 31.1% to $68.69 on Friday.
Here are some other big stocks recording gains in today’s session.