Carvana (CVNA) reported $5.65 billion in revenue for the quarter ended September 2025, representing a year-over-year increase of 54.5%. EPS of $1.03 for the same period compares to $0.64 a year ago.
The reported revenue represents a surprise of +11.8% over the Zacks Consensus Estimate of $5.05 billion. With the consensus EPS estimate being $1.33, the EPS surprise was -22.56%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Carvana performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Unit sales - Retail vehicle unit sales: 155,941 compared to the 152,107 average estimate based on six analysts.
- Per retail unit gross profit - Total: $7,362.00 versus the five-analyst average estimate of $7,360.30.
- Per retail unit gross profit - Retail vehicle: $3,456.00 compared to the $3,555.47 average estimate based on five analysts.
- Per unit revenue - Wholesale vehicles: $11,721.00 versus the four-analyst average estimate of $10,211.53.
- Per retail unit gross profit - Other: $3,040.00 compared to the $2,991.05 average estimate based on four analysts.
- Per unit revenue - Retail vehicles: $25,625.00 versus $24,024.29 estimated by four analysts on average.
- Unit sales - Wholesale vehicle unit sales: 80,369 versus the four-analyst average estimate of 72,150.
- Markets at end of period (metropolitan statistical areas): 316 versus the three-analyst average estimate of 316.
- Per retail unit gross profit - Wholesale: $866.00 versus the three-analyst average estimate of $923.12.
- Sales and operating revenues- Retail vehicle sales, net: $4 billion compared to the $3.67 billion average estimate based on five analysts. The reported number represents a change of +57.1% year over year.
- Sales and operating revenues- Other sales and revenues: $474 million versus $421.03 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +45.4% change.
- Sales and operating revenues- Wholesale sales and revenues: $1.18 billion compared to the $990.65 million average estimate based on five analysts. The reported number represents a change of +49.8% year over year.
View all Key Company Metrics for Carvana here>>>
Shares of Carvana have returned -4% over the past month versus the Zacks S&P 500 composite's +3.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Carvana Co. (CVNA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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