Cavana logo and signature vending machine in Tempe, Arizona.
Michael Wayland | CNBC
Cavana Wall Street has the highest expectations for the fourth quarter’s launch and bottom line, while guiding another “strong” year in 2025.
Past Carvana offers a broad range of guidance outlook this year, including growth in sales and adjusted earnings ahead of interest, taxes, depreciation and amortization (EBITDA), including sequential increase in the first quarter.
This is the company’s performance in the fourth quarter, while the average estimate of the LSEG assembly:
- Earnings per share: 56 cents, estimated 29 cents
- income: $3.55 billion vs. $3.31 billion
Of the $2.42 billion last year, revenue of $3.55 billion increased by 46%. Revenue for the full year was US$13.67 billion in 2024, up nearly 27% from US$10.77 billion in 2023.
In 2024, the Arizona-based TEMPE company reported adjusted EBITDA of $1.38 billion and net revenue of approximately $404 million. This includes adjusted EBITDA of $359 million and $159 million in the fourth quarter. Net income in the fourth quarter marked a significant improvement in losses in the same period a year ago.
The company reported revenue of 56 cents for the December period, compared with a loss of $1 per share in the same quarter of 2023.
The annual and quarterly results are Carvana’s records.
Kavana said it sold 416,348 retail vehicles last year, about 33% from the previous year, with an annual revenue of $13.67 billion in 2024.
“Today’s market share is just 1% and there are many opportunities to improve and expand our products from here, we know it’s just the beginning of our journey to change the way people buy and sell cars,” said Ernie Garcia, CEO and co-founder of Carvana. .”Press release.
Carvana’s stock grew by about 40% in 2025, up nearly 285% last year.
