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Carvana expects another 'strong' year after topping fourth-quarter expectations

1. Carvana surpassed Q4 earnings expectations with $3.55 billion revenue. 2. Full-year 2024 revenue reached $13.67 billion, up 27% from 2023. 3. Carvana's net income improved to $404 million from a loss of $200 million. 4. The company sold 416,348 vehicles in 2024, marking a 33% increase. 5. Carvana's CEO sees potential for significant growth with just 1% market share.

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FAQ

Why Very Bullish?

Strong Q4 results and guidance indicate sustained growth, resembling past stock rallies post-earnings.

How important is it?

The record earnings and growth outlook are critical for investor sentiment and future stock performance.

Why Long Term?

Earnings improvements and market share potential suggest prolonged positive influence, similar to past outcomes.

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