Carvana Reports Strong Q4 Performance But Stock Takes a Hit

Reported 2 days ago

Carvana achieved a revenue of $3.55 billion and EPS of $0.56 in Q4, beating estimates and marking significant growth, yet its stock fell by 10% in after-hours trading despite a 52-week high earlier. The company became the most profitable public automotive retailer in U.S. history as measured by Adjusted EBITDA margin, with total annual sales reaching 416,000 retail units and $13.67 billion in revenue for 2024. Carvana anticipates continued growth in 2025 amid market stability.

Source: YAHOO

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