Carvana is set to release its Q4 2025 earnings on February 18. Analysts expect an EPS of $1.13 and revenues of $5.20 billion, with revenue estimates suggesting a 46.7% year-over-year growth. Despite strong sales, the company reported a third-quarter EPS of $1.03, below the estimated $1.33, but with a significant 55% increase in net sales to $5.65 billion. Retail units sold reached a record 155,941 units in Q3, and the company anticipates selling around 150,000 units in Q4, up from 114,379 a year earlier. Carvana's EBITDA improved to $637 million in Q3, with a full-year forecast of $2-$2.2 billion, driven by operational efficiencies and ongoing investments in capacity expansion. However, despite positive growth indicators, the earnings outlook remains uncertain as the company's Earnings ESP is negative at -1.56%, and it carries a Zacks Rank #3, indicating a mixed forecast. The company’s increased capital expenditure and investments may pressure cash flows, and recent performance suggests that the earnings report may not beat estimates. Overall, Carvana's stock faces a murky outlook due to higher retail costs and uncertain future profitability.