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CVNA Q1 Earnings Beat on Solid Revenues, Adjusted EBITDA Doubles
CVNACarvana (CVNA) ZACKS·2025-05-09 13:55

Used car e-retailer Carvana (CVNA) reported first-quarter earnings of 1.51pershare,whichbreezedpasttheZacksConsensusEstimateof75centsandtheyear−agoquarter’slossof41centspershare.Better−than−expectedrevenuesacrossallsegmentsledtotheoutperformance.Revenuesof1.51 per share, which breezed past the Zacks Consensus Estimate of 75 cents and the year-ago quarter’s loss of 41 cents per share. Better-than-expected revenues across all segments led to the outperformance. Revenues of 4.23 billion beat the Zacks Consensus Estimate by 4.7% and rose 38% year over year.Key HighlightsTotal gross profit amounted to 929million,up57.2929 million, up 57.2% year over year. Total gross profit per unit (GPU) was 6,938, rising ...