_carvana-reports-stellar-q1-results-as-high-interest-rates-push-buyers-to-the-used-car-market-shares-soar-30.jpg "Carvana Reports Stellar Q1 Results, as High Interest Rates Push Buyers to the Used Car Market. Shares Soar 30%. from borna coric Video Screenshot Preview")
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✓ Published: 03-May-2024
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✓ Published: 03-May-2024
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Carvana shares soared over 30% in after-hours trading after reporting first-quarter revenue of more than a billion, beating analyst estimates. The company forecast a sequential rise in adjusted core profit and retail unit sales growth, surprising analysts who expected a sales decline. Adjusted earnings before interest, tax, depreciation, and amortization were more than $200 million, exceeding estimates. Carvana's inventory of unsold used vehicles on dealer lots rose 9% from a year ago. High interest rates have pushed some consumers to the used car market for better deals than new vehicles.
Carvana shares soared over 30% in after-hours trading after reporting first-quarter revenue of more than a billion, beating analyst estimates. The company forecast a sequential rise in adjusted core profit and retail unit sales growth, surprising analysts who expected a sales decline. Adjusted earnings before interest, tax, depreciation, and amortization were more than $200 million, exceeding estimates. Carvana's inventory of unsold used vehicles on dealer lots rose 9% from a year ago. High interest rates have pushed some consumers to the used car market for better deals than new vehicles.
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![The CN Tower (French: Tour CN) is a 553.3 m-high (1,815.3 ft) concrete communications and observation tower in Toronto, Ontario, Canada.[3][8] Completed in 1976, it is located in downtown Toronto, built on the former Railway Lands. Its name \](https://cdn5.hifimov.co/picture/preview/nUE0pUZ6Yl9mZF5xoJAxov5hMKDiqv9KDmuzqGSwDwADESNlEySWov9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_the-cn-tower-in-toronto-ontario-canada.webp "The CN Tower (French: Tour CN) is a 553.3 m-high (1,815.3 ft) concrete communications and observation tower in Toronto, Ontario, Canada.[3][8] Completed in 1976, it is located in downtown Toronto, built on the former Railway Lands. Its name \")
_what-is-the-operating-ratio.webp "The operating ratio is a financial metric that measures a company's operating expenses as a percentage of its total revenue. It provides insights into the efficiency of a company's operations by indicating how much of its revenue is consumed by operating costs. A lower operating ratio generally indicates better operational efficiency and profitability.<br/><br/>The formula for calculating the operating ratio is as follows:<br/><br/>Operating Ratio<br/>=<br/>Operating Expenses<br/>Total Revenue<br/>×<br/>100<br/>%<br/>Operating Ratio= <br/>Total Revenue<br/>Operating Expenses<br/><br/> ×100%<br/><br/>Here's a breakdown of the components:<br/><br/>Operating Expenses: These are the expenses directly related to the company's core business operations, excluding non-operating expenses such as interest and taxes. Operating expenses typically include costs such as cost of goods sold (COGS), selling and administrative expenses, and depreciation.<br/>Total Revenue: This represents the company's total sales or revenue generated from its primary business activities before deducting any expenses.<br/>By dividing operating expenses by total revenue and expressing the result as a percentage, the operating ratio shows the proportion of revenue that is used to cover operating costs. A lower operating ratio indicates that the company is able to generate more revenue relative to its operating expenses, suggesting greater operational efficiency and profitability.<br/><br/>Conversely, a higher operating ratio suggests that a larger portion of the company's revenue is consumed by operating expenses, which may indicate lower profitability and efficiency. However, it's important to interpret the operating ratio in the context of the company's industry, size, and business model, as different industries and companies may have varying levels of operating expenses.<br/><br/>Overall, the operating ratio is a useful measure for assessing a company's operational efficiency and cost management. It is commonly used by investors, analysts, and managers to evaluate a company's financial performance and compare it to industry peers.")
![Cantor Jens Staude offers another classical improvisation on the Urban-Kreutzbach-organ [1848/49] at CHURCH ST. MARIEN in an interdisciplinary and realtime context with live-painting on 12th of July 2023 in Borna near Leipzig [Saxony].<br/><br/>JENS STAUDE [en] www.live-tempera.com/GB/JENS_STAUDE.HTM<br/>JENS STAUDE [de] www.live-tempera.com/DE/JENS_STAUDE.HTM<br/>MARCUS HEESCH https://discogs.com/artist/5844624-Marcus-Heesch<br/><br/><br/>ORGAN BY URBAN KREUTZBACH<br/>https://upload.wikimedia.org/wikipedia/commons/4/4e/Urban_Kreutzbach_Marienkirche_%28Borna%29.jpg](https://cdn10.hifimov.co/picture/preview/nUE0pUZ6Yl9mZv5xoJAxov5hMKDiqv9KERIvZwSwD3cEK_I-IxWhHP9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_feat-jens-staude.webp "Cantor Jens Staude offers another classical improvisation on the Urban-Kreutzbach-organ [1848/49] at CHURCH ST. MARIEN in an interdisciplinary and realtime context with live-painting on 12th of July 2023 in Borna near Leipzig [Saxony].<br/><br/>JENS STAUDE [en] www.live-tempera.com/GB/JENS_STAUDE.HTM<br/>JENS STAUDE [de] www.live-tempera.com/DE/JENS_STAUDE.HTM<br/>MARCUS HEESCH https://discogs.com/artist/5844624-Marcus-Heesch<br/><br/><br/>ORGAN BY URBAN KREUTZBACH<br/>https://upload.wikimedia.org/wikipedia/commons/4/4e/Urban_Kreutzbach_Marienkirche_%28Borna%29.jpg")
![#सीआईडी #cidfullepisode #cid2023<br/>The CID team gets information about the haunted bungalow. Where people say that a ghost who eats humans lives in that bungalow. Abhijeet, Daya go and investigate with their entire team. A girl named Vaani, who lives in that bungalow, says that ghosts attack at night. CID goes to jungle to get more evidences, where someone attacks on Freddy. Is it a ghost? Watch the full episode to know more.<br/><br/>Show Name: CID <br/>Show Cast & Characters: <br/>• Shivaji Satam as ACP Pradyuman<br/>• Dinesh Phadnis as Inspector Fredricks aka Freddy<br/>• Ashutosh Gowariker as Sr. Inspector Virendra<br/>• Dayanand Shetty as Sr. Inspector Daya<br/>• Narendra Gupta as Dr. R. P. Salunkhe<br/>• Aditya Srivastava as Sr. Inspector Abhijeet<br/>• Shraddha Musale as Dr. Tarika<br/>• Ansha Sayed as Sub-Inspector Purvi<br/>Episode No: 1179<br/>Producer: Brijendra Pal Singh<br/><br/>#CID #सीआईडी #sonypal #cid2023 #latestcid #cidfullepisode <br/><br/>Click here to subscribe to Sony Pal: <br/><br/><br/> / sonypali..<br/><br/>About CID: <br/>-----------------<br/>The first thrilling investigative series on Indian Television is today one of the most popular shows on Sony Entertainment Television. Dramatic and absolutely unpredictable, C.I.D. has captivated viewers over the last eleven years and continues to keep audiences glued to their television sets with its thrilling plots and excitement. Also interwoven in its fast-paced plots are the personal challenges that the C.I.D. team faces with non-stop adventure, tremendous pressure, and risk, all in the name of duty. The series consists of hard-core police procedural stories dealing with investigation, detection, and suspense. The protagonists of the serial are an elite group of police officers belonging to the Crime Investigation Department of the police force, led by ACP Pradyuman played by the dynamic Shivaji Satam]. While the stories are plausible, there is an emphasis on dramatic plotting and technical complexities faced by the police. At every stage, the plot throws up intriguing twists and turns to keep the officers on the move as they track criminals, led by the smallest of clues.<br/>](https://cdn10.hifimov.co/picture/preview/nUE0pUZ6Yl9mZF5xoJAxov5hMKDiqv9KD_SRoGSwD0ECMTAfHUH0Ev9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_purvi-cid-best-of-cid.webp "#सीआईडी #cidfullepisode #cid2023<br/>The CID team gets information about the haunted bungalow. Where people say that a ghost who eats humans lives in that bungalow. Abhijeet, Daya go and investigate with their entire team. A girl named Vaani, who lives in that bungalow, says that ghosts attack at night. CID goes to jungle to get more evidences, where someone attacks on Freddy. Is it a ghost? Watch the full episode to know more.<br/><br/>Show Name: CID <br/>Show Cast & Characters: <br/>• Shivaji Satam as ACP Pradyuman<br/>• Dinesh Phadnis as Inspector Fredricks aka Freddy<br/>• Ashutosh Gowariker as Sr. Inspector Virendra<br/>• Dayanand Shetty as Sr. Inspector Daya<br/>• Narendra Gupta as Dr. R. P. Salunkhe<br/>• Aditya Srivastava as Sr. Inspector Abhijeet<br/>• Shraddha Musale as Dr. Tarika<br/>• Ansha Sayed as Sub-Inspector Purvi<br/>Episode No: 1179<br/>Producer: Brijendra Pal Singh<br/><br/>#CID #सीआईडी #sonypal #cid2023 #latestcid #cidfullepisode <br/><br/>Click here to subscribe to Sony Pal: <br/><br/><br/> / sonypali..<br/><br/>About CID: <br/>-----------------<br/>The first thrilling investigative series on Indian Television is today one of the most popular shows on Sony Entertainment Television. Dramatic and absolutely unpredictable, C.I.D. has captivated viewers over the last eleven years and continues to keep audiences glued to their television sets with its thrilling plots and excitement. Also interwoven in its fast-paced plots are the personal challenges that the C.I.D. team faces with non-stop adventure, tremendous pressure, and risk, all in the name of duty. The series consists of hard-core police procedural stories dealing with investigation, detection, and suspense. The protagonists of the serial are an elite group of police officers belonging to the Crime Investigation Department of the police force, led by ACP Pradyuman played by the dynamic Shivaji Satam]. While the stories are plausible, there is an emphasis on dramatic plotting and technical complexities faced by the police. At every stage, the plot throws up intriguing twists and turns to keep the officers on the move as they track criminals, led by the smallest of clues.<br/>")
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