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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. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan.