Carvana CEO Ernie Garcia says they're taking into consideration all headwinds including tariffs and inflation as they remain focused on long-term growth. He joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology".
Online used car retailer Carvana (NYSE:CVNA) has tumbled 16.5% so far on Thursday despite reporting Q4 earnings that exceeded Wall Street's expectations.
Carvana Co.'s Q4 performance exceeded expectations, with strong growth in retail units sold and higher gross profits per unit. Carvana benefited from improving platform metrics, and the company has made considerable progress in terms of boosting its EBITDA margins. Carvana's FY 2025 outlook predicts growth in retail units sold and adjusted EBITDA, though specifics remain vague.
Carvana Co CVNA analysts reacted to the falling stock price and concerns from investors after the company reported fourth-quarter financials.
Ernie Garcia, Carvana co-founder and CEO, joins CNBC's 'Squawk on the Street' to discuss the company's most recent earnings, growth expectations, and more.
Used car retailer Carvana Co (NYSE:CVNA) was last seen down 12.9% at $245.39, despite smashing fourth-quarter earnings estimates and projecting strong growth in 2025.
Carvana (CVNA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Jim Cramer breaks down why he's keeping an eye on shares of Carvana.
CVNA's fourth-quarter 2024 results reflect soaring sales and profits, setting the stage for a promising 2025.
Carvana Co's (NYSE:CVNA) stock tumbled after hours, wiping out $6 billion in market value, as investors reacted to falling profit margins and weaker-than-expected wholesale sales. The used-car retailer beat forecasts, posting $359 million in adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) for the fourth quarter—well above analyst expectations of $330 million and a significant jump from $60 million a year ago.
Carvana Co. (NYSE:CVNA ) Q4 2024 Earnings Conference Call February 19, 2025 5:30 PM ET Company Participants Meg Kehan - IR Ernie Garcia - CEO Mark Jenkins - CFO Conference Call Participants Ron Josey - Citi Sharon Zackfia - William Blair Chris Bottiglieri - BNP Paribas Daniela Haigian - Morgan Stanley Michael Montani - Evercore ISI Rajat Gupta - JPMorgan Seth Basham - Wedbush Securities Mike Baker - D.A. Davidson Jeff Lick - Stephens John Colantuoni - Jefferies Marvin Fong - BTIG Operator Good day, and welcome to Carvana's Fourth Quarter 2024 Earnings Conference Call.
While the top- and bottom-line numbers for Carvana (CVNA) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.