Check out the companies making headlines before the market open. Carvana – Shares surged more than 19% on the heels of a third-quarter earnings and revenue beat . For the period, Carvana earned 64 cents per share on $3.65 billion in revenue, above the 25 cents per share and $3.45 billion that analysts surveyed by LSEG were expecting. The online used car dealer also raised its full-year outlook and said that results would be "significantly above the high end" of its prior range.
Analysts surveyed by LSEG were looking for 18 cents and $658 million. Robinhood's chief financial officer said on the earnings call that revenue was hurt by marketing promotions used to attract new customers. Uber Technologies – Shares lost more than 6% after the ride-hailing company missed third-quarter expectations for gross bookings . Uber's gross bookings of $40.97 billion were below the consensus estimate of $41.25 billion, according to StreetAccount.
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Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »