Carvana (NYSE: CVNA) shares surged on Thursday, climbing 17% in early hour trading to a new all-time high above $390 at the time of publication, as investors digested a blockbuster second-quarter earnings report and a flurry of analyst upgrades.
Carvana Co. (NYSE:CVNA ) Q2 2025 Earnings Conference Call July 30, 2025 5:30 PM ET Company Participants Ernest C. Garcia - Co-Founder, President, CEO & Chairman Mark Jenkins - Chief Financial Officer Meg Kehan - Corporate Participant IR - Corporate Participant Conference Call Participants Alexander Eugene Potter - Piper Sandler & Co., Research Division Andrew M.
Carvana said Wednesday (July 30) that it achieved record retail unit sales and revenue in the second quarter as it continued to refine its online automotive retail business. The company's retail unit sales rose 41% year over year to reach 143,280, while its revenue rose 42% to reach $4.
While the top- and bottom-line numbers for Carvana (CVNA) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Carvana (CVNA) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.1 per share. This compares to earnings of $0.14 per share a year ago.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
CVNA leverages tech, cost efficiency, and growing online buying trends to tap vast used-car market potential.
Beyond analysts' top-and-bottom-line estimates for Carvana (CVNA), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2025.
Carvana CVNA is slated to release second-quarter 2025 results on Wednesday, after market close. The Zacks Consensus Estimate for the to-be-reported quarter's earnings and revenues is pegged at $1.10 per share and $4.56 billion, respectively.
The latest trading day saw Carvana (CVNA) settling at $326.09, representing a -4.93% change from its previous close.
Carvana (CVNA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Does Carvana (CVNA) have what it takes to be a top stock pick for momentum investors? Let's find out.