Carvana Co Earnings Estimate

CVNA -  USA Stock  

USD 33.85  2.76  8.88%

Many public companies, such as Carvana Co, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Carvana Co's earnings estimates, investors can diagnose different trends across Carvana Co's analyst sentiment over time as well as compare current estimates against different timeframes.
Carvana Co is projected to generate -1.42 in earnings per share on the 31st of December 2021. Carvana Co earnings estimates module stress-tests analyst consensus about projected Carvana Co Cl EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Continue to Trending Equities.
  
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The current year Gross Profit is expected to grow to about 2.1 B, whereas Profit Margin is forecasted to decline to (0.0118) .

Carvana Co Earnings Estimation Breakdown

Calculation of earning per share of Carvana Co Cl is based on official Zacks consensus of 8 analysts regarding Carvana Co future annual earnings. Given the historical accuracy of -15.18%, the future earnings per share of Carvana Co is estimated to be -1.42 with the lowest and highest values of -2.07 and -1.15, respectively. Please note that this consensus of annual earnings estimates for Carvana Co Cl is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS -1.38
-2.07
Lowest
Expected EPS -1.42
-1.15
Highest

Carvana Co Earnings Projection Consensus

Suppose the current estimates of Carvana Co's value are higher than the current market price of the Carvana Co stock. In this case, investors may conclude that Carvana Co is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Carvana Co's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

8

-15.18%

-1.38

-1.42

Carvana Co Earnings History

Earnings estimate consensus by Carvana Co Cl analysts from Wall Street is used by the market to judge Carvana Co's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Carvana Co's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Carvana Co Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

(159 Million)

Share
Carvana Co Earning Before Interest and Taxes EBIT is projected to increase significantly based on the last few years of reporting. The past year's Earning Before Interest and Taxes EBIT was at 42 Million. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 158.6 M, whereas Accumulated Retained Earnings Deficit are forecasted to decline to (501.9 M). The current year Weighted Average Shares is expected to grow to about 178.3 M. The current year Weighted Average Shares Diluted is expected to grow to about 35.5 M.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Carvana Co's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Carvana Co in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
20.1128.5837.05
Details
Intrinsic
Valuation
LowReal ValueHigh
30.47117.74126.21
Details
Naive
Forecast
LowNext ValueHigh
20.7129.1837.65
Details
21 Analysts
Consensus
LowTarget PriceHigh
260.00370.75470.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Carvana Co. Your research has to be compared to or analyzed against Carvana Co's peers to derive any actionable benefits. When done correctly, Carvana Co's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Carvana Co Cl.
Note that many institutional investors and large investment bankers can move markets due to the volume of Carvana assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Carvana Co. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Carvana stock price in the short term.

Carvana Co Earnings per Share Projection vs Actual

Actual Earning per Share of Carvana Co refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Carvana Co Cl predict the company's earnings will be in the future. The higher the earnings per share of Carvana Co, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Carvana Co Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Carvana Co, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Carvana Co should always be considered in relation to other companies to make a more educated investment decision.

Carvana Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Carvana Co's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-04-20
2022-03-31-1.46-2.89-1.4397 
2022-02-24
2021-12-31-0.82-1.02-0.224 
2021-11-04
2021-09-30-0.2694-0.38-0.110641 
2021-08-05
2021-06-30-0.35890.260.6189172 
2021-05-06
2021-03-31-0.6678-0.460.207831 
2021-02-25
2020-12-31-0.4546-0.9-0.445497 
2020-10-29
2020-09-30-0.2596-0.10.159661 
2020-08-05
2020-06-30-0.7758-0.620.155820 
2020-05-06
2020-03-31-0.6717-1.18-0.508375 
2020-02-26
2019-12-31-0.6589-0.82-0.161124 
2019-11-06
2019-09-30-0.44-0.78-0.3477 
2019-08-07
2019-06-30-0.4643-0.58-0.115724 
2019-05-08
2019-03-31-0.4817-0.69-0.208343 
2019-02-27
2018-12-31-0.484-0.74-0.25652 
2018-11-07
2018-09-30-0.36-0.5-0.1438 
2018-08-08
2018-06-30-0.3467-0.41-0.063318 
2018-05-09
2018-03-31-0.4172-0.070.347283 
2018-03-06
2017-12-31-0.3703-0.45-0.079721 
2017-11-07
2017-09-30-0.2985-0.290.0085
2017-08-08
2017-06-30-0.3259-0.280.045914 
2017-06-06
2017-03-31-0.3242-0.280.044213 

About Carvana Co Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Carvana Co earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Carvana Co estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Carvana Co fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit-489 M-501.9 M
Earning Before Interest and Taxes EBIT42 M45.3 M
Earnings per Basic Share(1.63) (1.76) 
Earnings per Diluted Share(1.63) (1.76) 
Price to Earnings Ratio(142.20) (145.94) 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA147 M158.6 M
Earnings before Tax-134 M-144.6 M
Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. The companys platform allows customers to research and identify a vehicle inspect it using companys 360-degree vehicle imaging technology obtain financing and warranty coverage purchase the vehicle and schedule delivery or pick-up from their desktop or mobile devices. Carvana Co. was founded in 2012 and is headquartered in Tempe, Arizona.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Carvana Co without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Carvana Co

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carvana Co position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carvana Co will appreciate offsetting losses from the drop in the long position's value.

Carvana Co Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Carvana Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carvana Co when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carvana Co - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carvana Co Cl to buy it.
The correlation of Carvana Co is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carvana Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carvana Co Cl moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carvana Co can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the Carvana Co Cl information on this page should be used as a complementary analysis to other Carvana Co's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Carvana Co Cl price analysis, check to measure Carvana Co's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carvana Co is operating at the current time. Most of Carvana Co's value examination focuses on studying past and present price action to predict the probability of Carvana Co's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Carvana Co's price. Additionally, you may evaluate how the addition of Carvana Co to your portfolios can decrease your overall portfolio volatility.
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Is Carvana Co's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carvana Co. If investors know Carvana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carvana Co listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Carvana Co Cl is measured differently than its book value, which is the value of Carvana that is recorded on the company's balance sheet. Investors also form their own opinion of Carvana Co's value that differs from its market value or its book value, called intrinsic value, which is Carvana Co's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carvana Co's market value can be influenced by many factors that don't directly affect Carvana Co's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carvana Co's value and its price as these two are different measures arrived at by different means. Investors typically determine Carvana Co value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carvana Co's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.