Core Viewpoint - Analysts project Carvana (CVNA) will report quarterly earnings of $1.10 per share, a significant increase of 685.7% year over year, with revenues expected to reach $4.57 billion, up 34.1% from the same quarter last year [1]. Earnings Projections - There has been a 2.2% upward revision in the consensus EPS estimate over the last 30 days, indicating analysts' reassessment of their initial forecasts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are strongly linked to short-term stock price performance [3]. Revenue Estimates - Analysts estimate 'Sales and operating revenues - Retail vehicle sales, net' to be $3.26 billion, reflecting a year-over-year increase of 35.1% [5]. - 'Sales and operating revenues - Other sales and revenues' is projected at $387.99 million, indicating a 39.1% increase from the previous year [5]. - 'Sales and operating revenues - Wholesale sales and revenues' is expected to reach $880.49 million, a 22.3% year-over-year change [6]. Unit Sales and Profit Metrics - Retail vehicle unit sales are forecasted to be 141,724, compared to 101,440 in the same quarter last year [6]. - The consensus estimate for 'Per retail unit gross profit - Total' is $7,172.34, up from $7,049.00 year-over-year [6]. - 'Per retail unit gross profit - Retail vehicle' is projected at $3,445.28, compared to $3,421.00 in the same quarter last year [7]. - 'Per unit revenue - Retail vehicles' is expected to be $23,183.84, down from $23,768.00 year-over-year [8]. Market Performance - Carvana shares have returned +6.4% over the past month, outperforming the Zacks S&P 500 composite's +4.6% change [10]. - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to mirror overall market performance in the near future [10].

Core Viewpoint - Carvana (CVNA) is expected to report significant growth in quarterly earnings and revenues, with earnings per share projected at $0.73, 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 $2.88 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 $804.95 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 $6,432 in the same quarter last year [6]. - 'Per retail unit gross profit - Retail vehicle' is estimated at $3,350.74, up from $3,080 year-over-year [7]. - 'Per retail unit gross profit - Wholesale' is projected at $851.09, slightly down from $860 in the previous year [7]. - 'Per retail unit gross profit - Other' is expected to be $2,732.90, compared to $2,492 last year [8]. Pricing and Market Metrics - The estimated 'Per unit selling prices - Retail vehicles' is $22,762.43, down from $23,673 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].