Carvana Beat Expectations

Carvana (CVNA) reported earnings of $1.51 per share on revenue of $4.23 billion for the first quarter ended March 2025. The consensus earnings estimate was $0.75 per share on revenue of $4.02 billion. The Earnings Whisper number was $0.85 per share. The company beat expectations by 77.65% while revenue grew 38.26% on a year-over-year basis.

By removing the traditional dealership infrastructure and replacing it with technology and exceptional customer service, Carvana offers consumers an intuitive and convenient online car buying and financing platform.