A Karvana sign and signature vending machine at Tempe, Arizona.
Michael Wiland | CNBC
Carvana In 2025, guiding another “strong” year, the top and lower-rich expectations of Wall Street for the fourth quarter.
Carvana, as in the past, gave a comprehensive guidance approach to this year, including interest, taxes, depreciation and refinement (Ebitda) that includes both an increase in retail units sold and adjusted income, including the first quarter During the two also involves sequential increase in.
On Wednesday, Karwana shares fell by more than 10% during Wednesday’s trading. The stock closed at $ 281.82 below about 1%.
Here is described how the company performed in the fourth quarter, compared to the average estimates compiled by LSEG:
- earnings per share: 56 cents are expected of 29 cents
- Income: $ 3.55 billion vs $ 3.31 billion is expected
The revenue of $ 3.55 billion in a period of pre-year was 46% from $ 2.42 billion. The full year 2024 revenue came in $ 13.67 billion, which was about 27% in 2023 from $ 10.77 billion.
For 2024, Tempe, Arizona -based company accommodated an Ebitda of $ 1.38 billion and a net income of about $ 404 million. This includes adjusted Ebitda of $ 359 million during the fourth quarter and net income of $ 159 million. The net income of the fourth quarter led to a major improvement with a loss of $ 200 million in the same period a year ago.
On a per share basis, the company reported an earning of 56 cents for the December period, compared to the loss of $ 1 per share during the same quarter in 2023.
Both the annual and quarterly results were records for Karwana.
Karwana said it sells 416,348 retail vehicles last year, which was about 33% for a record of $ 13.67 billion in 2024. The total gross profit per unit for the fourth quarter and the whole year was 6,671 and $ 6,908 respectively. Both Matrix were approximately $ 1,400 from 2023.
Karvana CEO and cofounder Erni Garcia said, “Today there are many opportunities to improve and expand our offer from ~ 1% market and our offer from here, we know a news continues.
Karvana shares are about 40% up in 2025, adding about 285% of the previous year’s profit.
