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Carvana Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Carvana expects Q4 earnings at $0.29, improving from a loss of $1.00. 2. Projected revenue for Q4 is $3.31 billion, up from $2.42 billion. 3. Carvana has beaten revenue estimates for three consecutive quarters. 4. Analysts have mixed ratings with targets ranging from $250 to $350. 5. Latest share price was $284.53, down 0.3% on Tuesday.

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FAQ

Why Bullish?

Positive earnings expectation and revenue growth may boost investor confidence. Historical trend: Q4 earnings surpassed expectations in the past.

How important is it?

Earnings report is crucial, as positive results can significantly influence stock price.

Why Short Term?

Earnings results on Feb. 19 could lead to immediate price movement. Immediate market response aligns with upcoming earnings.

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