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Stock impact report

Carvana stock slips as profit metric misses the mark, outlook vague [Yahoo! Finance Canada]

Carvana Co. Class A (CVNA) 
Last carvana co. class a earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.carvana.com
In this article: Carvana ( CVNA ) stock tumbled on Thursday after the company posted mixed results for its fourth quarter, with revenue jumping but profits missing estimates. The e-commerce used car dealer posted revenue of $5.60 billion versus $5.27 billion estimated per Bloomberg, up 58% compared to a year ago. Carvana said retail units sold hit 163,522 compared with 157,226 estimated, a jump of 58%. But Carvana reported adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) of $511 million versus $535.7 million expected, with an adjusted EBITDA margin of 10.1% missing estimates of 10.4%. Carvana share sank 3% in early trading, having fallen as much as 20% on the heels of the results in Wednesday's after-hours session. In addition, Carvana's outlook was vague and the company didn't provide estimates for Q1 results. "Looking forward, Carvana expects significant growth in both retail units sold and Adjusted EBITDA in full year 2026, including a Show less Read more
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