Carvana (CVNA) reported $6.43 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 52%. EPS of $1.69 for the same period compares to $1.51 a year ago.
The reported revenue represents a surprise of +4.39% over the Zacks Consensus Estimate of $6.16 billion. With the consensus EPS estimate being $1.42, the EPS surprise was +18.69%.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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: 187,393 versus 183,362 estimated by five analysts on average. Per retail unit gross profit - Retail vehicle: $3,165.00 compared to the $3,056.08 average estimate based on four analysts. Unit sales - Wholesale vehicle unit sales: 83,574 versus the four-analyst average estimate of 87,146. Per retail unit gross profit - Total: $6,783.00 versus the four-analyst average estimate of $6,637.21. Per unit revenue - Wholesale vehicles: $10,338.00 compared to the $9,966.31 average estimate based on four analysts. Per unit revenue - Retail vehicles: $25,764.00 versus $23,678.16 estimated by four analysts on average. Markets at end of period (metropolitan statistical areas): 316 versus the three-analyst average estimate of 316. Per retail unit gross profit - Other: $2,807.00 versus $2,945.68 estimated by three analysts on average. Per retail unit gross profit - Wholesale: $811.00 versus the two-analyst average estimate of $930.23. Sales and operating revenues- Retail vehicle sales, net: $4.83 billion compared to the $4.43 billion average estimate based on five analysts. The reported number represents a change of +62% year over year. Sales and operating revenues- Other sales and revenues: $526 million versus the five-analyst average estimate of $520.37 million. The reported number represents a year-over-year change of +35.2%. Sales and operating revenues- Wholesale sales and revenues: $1.08 billion versus $1.11 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +24.9% change.View all Key Company Metrics for Carvana here>>>
Shares of Carvana have returned +29.3% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.7 Best Stocks for the Next 30 Days
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This article originally published on Zacks Investment Research (zacks.com).