Carvana raises 2024 earnings guidance after topping Wall Street's Q3 expectations
Carvana (CVNA) CNBC·2024-10-30 20:31
Carvana on Wednesday raised its 2024 earnings guidance after the online used car retailer significantly topped Wall Street's third-quarter expectations.Here's how the company performed in the third quarter, compared with average estimates compiled by LSEG:Earnings per share: 64 cents vs. 25 cents expectedRevenue: $3.65 billion vs. $3.45 billion expectedThe company's stock rose roughly 20% in after hours trading Wednesday.For 2024 guidance, Carvana said its adjusted earnings before interest, taxes, depreciat ...