Carvana’s profit jumps, and it’s all because of this metric - MarketWatch
1. Carvana's stock surged over 15% due to strong sales and profit. 2. 143,000 vehicles sold, a 41% increase year-over-year and record sales. 3. GAAP earnings of $1.28 beat expectations of $1.03 per share. 4. Next-quarter sales are expected to continue growth in a stable environment. 5. Projected profits for 2025 are between $2 billion and $2.2 billion.