Carvana reports FY24 EPS $1.59, consensus $1.48

Reports Q4 revenue $13.67B, consensus $13.46B. “In 2024, Carvana (CVNA) became the most profitable public automotive retailer in US history as measured by Adjusted EBITDA margin while also resuming industry-leading growth,” said Ernie Garcia, Carvana founder and CEO. “This unique combination is the product of more than $10 billion, 10 years, and tens of millions of hours of hard work invested to develop a truly differentiated business model that delivers both better customer experiences and better results. With just ~1% market share today and many opportunities to improve and expand our offering from here, we know this is just the beginning of our journey to change the way people buy and sell cars.”