2/19 Carvana beats profit estimates

And drops like a rock in a lake. No one is believing their numbers.  This is what is making investors nervous:

“Carvana’s shares have been under pressure this year. In January, the stock tumbled after short seller Gotham City Research alleged Carvana overstated earnings by failing to fully disclose all the benefits it received from DriveTime, a privately held used car retailer and subprime lender owned and controlled by Ernie Garcia II, father of Carvana’s CEO.
Gotham said those benefits inflated Carvana’s earnings by about $1 billion in 2023 and 2024. Carvana has denied the allegations in Gotham City’s report.”