It has been about a month since the last earnings report for Carvana (CVNA). Shares have added about 20.2% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Carvana due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
How Have Estimates Been Moving Since Then?
It turns out, estimates revision have trended upward during the past month.
The consensus estimate has shifted 15.59% due to these changes.
VGM Scores
At this time, Carvana has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. Charting a somewhat similar path, the stock was allocated a grade of F on the value side, putting it in the fifth quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Carvana has a Zacks Rank #1 (Strong Buy). We expect an above average return from the stock in the next few months.
Performance of an Industry Player
Carvana is part of the Zacks Internet - Commerce industry. Over the past month, Wayfair (W), a stock from the same industry, has gained 33.6%. The company reported its results for the quarter ended March 2025 more than a month ago.
Wayfair reported revenues of $2.73 billion in the last reported quarter, representing a year-over-year change of +0%. EPS of $0.10 for the same period compares with -$0.32 a year ago.
Wayfair is expected to post earnings of $0.32 per share for the current quarter, representing a year-over-year change of -31.9%. Over the last 30 days, the Zacks Consensus Estimate has changed +4.3%.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Wayfair. Also, the stock has a VGM Score of B.
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Carvana Co. (CVNA): Free Stock Analysis Report Wayfair Inc. (W): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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