Carvana set for strong Q2 as used car demand surges
Carvana is expected to report a 200% jump in adjusted profit and 34% rise in revenue for Q2, fueled by strong used car demand amid Trump-era tariffs. Analysts highlight improved margins and unit economics. Shares are up 65% YTD, but Stocktwits sentiment remains bearish, with traders eyeing short setups ahead of earnings on Wednesday.