Carvana stock drops after posting Q4 beat, sales growth

Shares of online used car retailer Carvana ( CVNA ) are declining in extended hours after the company released its fourth quarter results, topping revenue ($3.55 billion vs. estimates of $3.34 billion) and adjusted earnings forecasts ($0.56 per share vs. estimates of $0.32).

Julie Hyman and Seana Smith react to Carvana's forecasts for profit growth and expected units sold.

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This post was written by Luke Carberry Mogan .