Why Carvana Shares Are Jumping Today
Why Carvana Shares Are Jumping Today
Carvana Co. (NYSE:CVNA) shares are trading higher in the premarket session on Thursday.
Carvana Co.纽约证券交易所代码：CVNA）股价在周四的盘前交易中走高。
Yesterday, after the bell, the company reported first-quarter 2024 results, growing retail units by 16% year-over-year.
昨天，在收盘之后，该公司公布了2024年第一季度业绩，零售单位同比增长了16％。
The company reported an adjusted EBITDA of $235 million, compared with a $(24) million loss a year ago. Adjusted EBITDA margin stood at 7.7%, compared with negative 0.9% a year ago.
该公司报告调整后的息税折旧摊销前利润为2.35亿美元，而去年同期的亏损为2400万美元。调整后的息税折旧摊销前利润率为7.7％，而去年同期为负0.9％。
"I really do think in terms of just a single quarter carrying meaning about what the future holds for us. If we execute properly, I think this is probably our biggest quarter and it feels awesome," Ernie Garcia, Carvana Founder and Chief Executive Officer, told CNBC during a phone interview Wednesday night.
“我确实从一个季度的角度来看，对我们的未来意味着什么。如果我们执行得当，我认为这可能是我们最大的季度，感觉真棒。” Carvana创始人兼首席执行官厄尼·加西亚在周三晚间接受CNBC电话采访时告诉CNBC。
Net income included a ~$75 million gain in the fair value of Carvana's warrants to acquire Root, Inc. (NASDAQ:ROOT). This gain did not impact GPU or Adjusted EBITDA.
净收入包括Carvana收购Root, Inc.（纳斯达克股票代码：ROOT）的认股权证的公允价值约7500万美元收益。这一增益并未影响 GPU 或调整后的息税折旧摊销前利润。
Non-GAAP gross profit jumped 64% year over year to $625 million. Total gross profit per retail unit on a non-GAAP basis jumped nearly 42%.
非公认会计准则毛利同比增长64％，达到6.25亿美元。按非公认会计准则计算，每个零售单位的总毛利增长了近42％。
The company foresees additional cost reductions or efficiency improvements to enhance profitability, focusing on areas like advertising, overhead, and operational expenses, CNBC reported.
据CNBC报道，该公司预计将进一步降低成本或提高效率，以提高盈利能力，重点放在广告、管理费用和运营费用等领域。
Carvana reported first-quarter revenue of $3.061 billion, which beat the consensus estimate of $2.673 billion, according to Benzinga Pro.
根据Benzinga Pro的数据，Carvana公布的第一季度收入为30.61亿美元，超过了市场普遍预期的26.73亿美元。
Garcia mentioned to CNBC that Carvana is also concentrating on enhancing the reconditioning of vehicles and profitably rebuilding its vehicle inventory.
加西亚向CNBC提到，Carvana还专注于加强车辆的翻新，并以盈利的方式重建其车辆库存。
In March, the inventory reached an almost record-low of 13 days' supply. Over the past year, it has bolstered its capacity for vehicle reconditioning by approximately 60%.
3月，库存几乎降至历史最低水平，为13天的供应量。在过去的一年中，它已将其车辆翻新能力提高了约60％。
"Acquiring inventories, generally speaking, feel relatively straightforward to scale, but growing the recondition capacity is difficult," he told CNBC. "Inventory today is certainly tighter than we would like for it to be. We're working hard to build it back up, but we're extremely well positioned to do it," CNBC added.
他告诉CNBC：“总的来说，购买库存的规模相对简单，但是增加修复能力却很困难。”“今天的库存肯定比我们预期的要紧张。我们正在努力对其进行备份，但我们完全有能力做到这一点，” CNBC补充说。
Carvana anticipates a sequential increase in its year-over-year growth rate in retail units in the second quarter. The company also expects a sequential increase in adjusted EBITDA.
Carvana预计，第二季度零售单位的同比增长率将连续上升。该公司还预计，调整后的息税折旧摊销前利润将连续增长。
Price Action: CVNA shares are trading higher by 36% to $118.45 premarket on the last check Thursday.
价格走势：在周四的最后一次支票中，CVNA股票盘前交易价格上涨了36％，至118.45美元。
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