Carvana Slumps 15% Despite Q4 Earnings Beat as Lac…
From Financial Modeling Prep: 2025-02-20 12:21:00
Carvana (NYSE:CVNA) exceeded Q4 expectations with earnings of $0.56 per share, revenue of $3.55 billion, and adjusted EBITDA of $359 million. Despite beating projections, shares dropped 15% due to unclear 2025 outlook. Retail unit sales of 114,379 surpassed estimates, but retail gross profit per unit fell short, causing investor concern. Analysts noted a deceleration in profit growth compared to the previous quarter. Carvana remains optimistic about 2025 growth, but the lack of specific financial projections for the year made some investors hesitant. Despite operational improvements, the absence of a clear 2025 roadmap has made Wall Street cautious, impacting investor enthusiasm.
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