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Ernie Garcia
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Carvana Q1 Earnings Beat, Shares Up 10%
Carvana reported Q1 adjusted EPS $1.69 beating $1.56 estimate, revenue $6.43B vs $6.02B estimate, 52% YoY increase. Net income $405M (6.3% of revenue) and record adjusted EBITDA $672M (10.4% margin) w