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Exploring Analyst Estimates for Carvana (CVNA) Q1 Earnings, Beyond Revenue and EPS
CVNACarvana (CVNA) ZACKS·2025-05-02 14:20

Core Viewpoint - Carvana (CVNA) is expected to report significant growth in quarterly earnings and revenues, with earnings per share projected at 0.73,a278.10.73, a 278.1% increase year-over-year, and revenues forecasted at 4.04 billion, reflecting a 32% increase [1]. Earnings Projections - The consensus EPS estimate has been revised upward by 6.4% in the last 30 days, indicating analysts' reassessment of their initial projections [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts estimate 'Sales and operating revenues - Retail vehicle sales, net' to reach 2.88billion,ayear−over−yearincreaseof32.32.88 billion, a year-over-year increase of 32.3% [5]. - 'Sales and operating revenues - Other sales and revenues' is expected to be 339.14 million, indicating a 48.1% year-over-year increase [5]. - The consensus for 'Sales and operating revenues - Wholesale sales and revenues' stands at 804.95million,reflectinga22.5804.95 million, reflecting a 22.5% increase year-over-year [6]. Unit Sales and Profitability - Retail vehicle unit sales are projected to reach 129,401, up from 91,878 in the same quarter last year [6]. - The expected 'Per retail unit gross profit - Total' is 6,956.18, compared to 6,432inthesamequarterlastyear[6].−′Perretailunitgrossprofit−Retailvehicle′isestimatedat6,432 in the same quarter last year [6]. - 'Per retail unit gross profit - Retail vehicle' is estimated at 3,350.74, up from 3,080year−over−year[7].−′Perretailunitgrossprofit−Wholesale′isprojectedat3,080 year-over-year [7]. - 'Per retail unit gross profit - Wholesale' is projected at 851.09, slightly down from 860inthepreviousyear[7].−′Perretailunitgrossprofit−Other′isexpectedtobe860 in the previous year [7]. - 'Per retail unit gross profit - Other' is expected to be 2,732.90, compared to 2,492lastyear[8].PricingandMarketMetrics−Theestimated′Perunitsellingprices−Retailvehicles′is2,492 last year [8]. Pricing and Market Metrics - The estimated 'Per unit selling prices - Retail vehicles' is 22,762.43, down from 23,673year−over−year[9].−′Perunitsellingprices−Wholesalevehicles′isforecastedtobe23,673 year-over-year [9]. - 'Per unit selling prices - Wholesale vehicles' is forecasted to be 9,647.45, slightly up from $9,625 last year [9]. - The average prediction for 'Markets at end of period' is 316, unchanged from the same quarter last year [9]. Stock Performance - Carvana shares have increased by 38.6% over the past month, contrasting with a -0.5% change in the Zacks S&P 500 composite [10]. - With a Zacks Rank 2 (Buy), Carvana is expected to outperform the overall market in the near term [11].