Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Carvana Co (CVNA)
NYSE:CVNA
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.65Last Year’s EPS
0.23Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 19, 2025
|% Change Since: 0.00%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
Carvana's earnings call highlighted a year of record-breaking profitability and growth, driven by improved operational efficiency and strategic expansion of inspection capacity. Despite a decline in wholesale GPU and some non-recurring expenses, the overall financial performance and strategic outlook were overwhelmingly positive.Company Guidance
During Carvana's Fourth Quarter 2024 Earnings Conference Call, the company provided impressive guidance, highlighting significant financial achievements and future growth prospects. Carvana reported a record adjusted EBITDA of $1.38 billion with an adjusted EBITDA margin of 10.1% for the year, marking it as the most profitable public automotive retailer in U.S. history. The company also achieved a net income of $404 million, a net income margin of 3.1%, and a GAAP operating income of $990 million. Retail units sold increased by 33% year-over-year, with Q4 units at 114,379 reflecting a 50% year-over-year growth. Carvana plans to open approximately 10 new mega sites in 2025, aiming for substantial capacity expansion to support its rapid growth. The company is focused on maintaining strong profitability while scaling operations to capture more market share, leveraging its unique business model and operational efficiencies. Carvana also anticipates significant growth in retail units sold and adjusted EBITDA in 2025, with a sequential increase expected in Q1 2025, underscoring its commitment to long-term profitable growth.Record-Breaking Profitability and Growth
Carvana became the most profitable public automotive retailer in U.S. history as measured by adjusted EBITDA margin, achieving a 33% year-over-year growth rate in FY 2024 retail units sold, outpacing the industry.
Expansion of Inspection Capacity
Successfully integrated six of the 56 ADESA mega sites in 2024, with plans to open approximately 10 more, expanding capacity for 3 million retail units, eight times the current volume.
Strong Financial Performance in Q4
Set new fourth-quarter records for retail units sold (114,379), adjusted EBITDA ($359 million), and adjusted EBITDA margin (10.1%), with a significant revenue increase of 46% to $3.547 billion.
Improved Operational Efficiency
Achieved a $1,165 reduction in non-GAAP SG&A expenses per retail unit sold and lowered operations expense to $1,696 per retail unit, driven by operational efficiency initiatives.
Positive Financial Metrics
GAAP operating income of $260 million and net income of $404 million in Q4, with a significant increase in cash and committed liquidity resources to $3.6 billion, a $2 billion increase year-over-year.
---
CVNA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
CVNA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 19, 2025 | $281.82 | ― | ― |
| Oct 30, 2024 | $207.31 | $247.31 | +19.29% |
| Jul 31, 2024 | $133.23 | $146.52 | +9.98% |
| May 01, 2024 | $87.09 | $116.50 | +33.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Carvana Co (CVNA) report earnings?
Carvana Co (CVNA) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Carvana Co (CVNA) earnings time?
Carvana Co (CVNA) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CVNA EPS forecast?
CVNA EPS forecast for the fiscal quarter 2025 (Q1) is 0.65.
---
