04:49 PM EDT, 07/31/2024 (MT Newswires) -- Carvana ( CVNA ) reported Q2 earnings late Wednesday of $0.14 per diluted share, compared with a loss of $0.55 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.07.

Revenue for the quarter that ended June 30 was $3.41 billion, up from $2.97 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.26 billion.

Shares of the company traded 11% higher in after-hours activity.

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