Exploring Analyst Estimates for Carvana (CVNA) Q4 Earnings, Beyond Revenue and EPS

Core Insights - Carvana (CVNA) is expected to report quarterly earnings of $0.24 per share, reflecting a 124% increase year-over-year, with revenues projected at $3.33 billion, a 37.4% increase compared to the previous year [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised upward by 5.2%, indicating analysts' reassessment of their forecasts [2] - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3] Revenue Projections - Analysts project 'Sales and operating revenues - Retail vehicle sales, net' to reach $2.39 billion, a year-over-year increase of 34.4% [5] - 'Sales and operating revenues - Other sales and revenues' is expected to be $283 million, indicating a significant year-over-year change of 91.2% [5] - 'Sales and operating revenues - Wholesale sales and revenues' is estimated at $682.54 million, reflecting a 36.8% increase year-over-year [6] Unit Sales and Profitability - Retail vehicle unit sales are projected to reach 109,418, compared to 76,090 in the same quarter last year [6] - Per retail unit gross profit is expected to be $6,585.14, up from $5,283 in the same quarter last year [7] - Per retail unit gross profit for retail vehicles is forecasted at $3,201.36, compared to $2,812 a year ago [7] - Per retail unit gross profit for wholesale is estimated at $730.99, up from $526 [7] Additional Metrics - Per retail unit gross profit for other sales is projected at $2,448.53, compared to $1,945 last year [8] - Unit sales for wholesale vehicles are expected to reach 54,625, up from 34,096 [8] - Per unit selling prices for retail vehicles are estimated at $22,269.06, down from $23,354 last year [8] - Per unit selling prices for wholesale vehicles are projected at $9,455.25, compared to $8,623 in the same quarter last year [9] - The consensus estimate for 'Markets at end of period' stands at 316, unchanged from the previous year [9] Stock Performance - Over the past month, Carvana shares have returned +25.2%, significantly outperforming the Zacks S&P 500 composite's +3.9% change [10] - Carvana currently holds a Zacks Rank 1 (Strong Buy), indicating potential for outperformance in the near future [10]