Why Carvana (CVNA) is Poised to Beat Earnings Estimates Again

Core Insights - Carvana (CVNA) is positioned to potentially continue its earnings-beat streak, having a strong history of surpassing earnings estimates, particularly in the last two reports with an average surprise of 117.33% [1][2] Earnings Performance - For the most recent quarter, Carvana was expected to report earnings of $1.51 per share but instead reported $0.75 per share, resulting in a surprise of 101.33% [2] - In the previous quarter, the consensus estimate was $0.24 per share, while the actual earnings were $0.56 per share, leading to a surprise of 133.33% [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Carvana, with a positive Zacks Earnings ESP (Expected Surprise Prediction), indicating a strong likelihood of an earnings beat [5][8] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6] Analyst Sentiment - Carvana currently has an Earnings ESP of +5.48%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [8] - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) indicates a strong possibility of another earnings beat [8] Earnings Release Information - The next earnings report for Carvana is expected to be released on July 30, 2025 [8]