By coinnews 
00:00 Speaker A
Now time for some of today’s trending ticker sponsored by Tasty Trade. We’re checking in on shares of Carvana, Axon, and Crocs. First up, let’s talk Carvana. It’s riding higher following a double earnings beat. The company’s CEO also said he expects the used car business to be less impacted by tariffs than companies that sell new cars. Indeed, we have seen pricing, certainly, of used cars go higher, but most of those cars are not imported. So, you know, maybe people will be turning to used cars more instead of new cars, but the numbers here are impressive here. 46% increase in vehicle sales for Carvana.
00:40 Speaker B
Yeah, 46% jump in vehicle sales. Bloomberg did point out, uh, crunching the numbers, the 373 million net income came chiefly from loan sales which accounted for 273 million of that figure. Another 158 million, they say, came from gains on warrants that the company holds, uh, in insurance company Root. Without those two sources, Carvana would have, would have lost money on a net basis. But more importantly, what they see ahead, the company does expect to grow profits and sales in the second quarter, second quarter and the year. Retail gross profit per unit, that’s another important metric investors watch with this one, that rose to 3,308 that beat estimates.
01:35 Speaker A
I thought there was an interesting comment from Piper Sandler analyst Alexander Potter who covers this stock. Um, he said it’s sustainably growing, but also said it’s possible to argue that Carvana’s valuation has gotten ahead of itself. But in a market characterized by so much unease, we think investors will find it difficult to ignore Carvana’s fundamental momentum. In other words, everything’s relative, especially in a time like this.
02:17 Speaker B
Yeah. Investors are ignoring it. That stock has had a move.
02:25 Speaker A
Yeah.
02:26 Speaker B
All right. Meanwhile, shares of Axon soaring higher today following better-than-expected earnings on the top and bottom line. So reports Q1 results that beat expectations. They raised the forecast so for full year ’25, they now expect revenue between 2.6 and 2.7 billion. That does represent about 27% growth at the midpoint.
02:58 Speaker B
Barclays is overweight this name, says strength across the business. Management expecting record annual bookings this year, says demand still multi-year in length, and they take their target here to 735.
03:17 Speaker A
Yeah, and this is a maker of body armor, by the way, for people who are not, uh, familiar with the company and defense products. Um, and speaking of stocks that have done amazingly well, it is up, it’s more than doubled over the past year. It’s up about 120%.
03:48 Speaker B
Big move.
03:50 Speaker A
Um, and then going to a very different type of thing that you wear, Crocs. Shares of Crocs higher following better-than-expected earnings for the first quarter. The shoe company did withdraw its guidance for 2025 amid tariff uncertainty, like so many other companies have, but still coming out with adjusted earnings per share of three bucks, which beat analyst estimates here. Revenue little changed year over year, but better than had been estimated.
04:21 Speaker B
Yes, so did withdraw the outlook, talked about macroeconomic uncertainties. Um, did say Crocs and Hey Dude brands, they, they highlighted, contributed to what they called outperformance with gross margins, operating margins, adjusted EPS, and cash flow, they said, coming in above plan.
04:49 Speaker A
Although, I guess Hey Dude not doing quite as well as Crocs. You got any Hey Dudes?
04:58 Speaker B
No Hey Dudes, no Crocs.
05:02 Speaker A
No?
05:04 Speaker B
No Crocs.
05:06 Speaker A
No Crock? Wait, Crocs in your household?
05:07 Speaker B
Not anti-Croc.
05:12 Speaker B
No, I don’t believe so. Maybe the six-year-old has some, but no adults.
05:16 Speaker A
Wow. And the littles, I would be surprised if she didn’t have some, but maybe that’s not the thing anymore. My kids are teens now. Maybe, you know, maybe
05:29 Speaker B
I’ll report back.
05:32 Speaker B
Got hand-me-downs? Does that work?
05:36 Speaker A
Crocs. For you. Oh, they destroy the Crocs. Other shoes made. Well, shoes in general get destroyed.