Name: Signet Jewelers (SIG) Tumbles & Carvana (CVNA) Raises Guidance
Uploaded: 2023-06-08T15:36:07.383
Duration: 5 min 26 s

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Signet Jewelers (SIG) tumbles after earnings. Renita Young discusses this as SIG's adjusted EPS came in at $1.78 versus an estimated $1.44 and revenue came in at $1.67B versus $1.63B. She also talks about how Carvana (CVNA) raises its 2Q guidance. It expects to report improving profit metrics and sees 2Q adjusted EBITDA of over $50M, in addition to seeing 2Q adjusted gross profit per unit above $6K which is up 63% year-over-year. Tune in to find out more about the stock market today.

Signet Jewelers (SIG) Tumbles & Carvana (CVNA) Raises Guidance

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