Carvana shares tumble as Q3 profit margin growth slows despite record sales By Investing.com
Update: 2025-10-30
Description
Carvana's Q3 results: Record revenue of $5.65 billion, 44% increase in car sales, and solid net income. Despite impressive numbers, stock drops due to high expectations. Guidance for Q4 and beyond: 150,000 car sales, adjusted EBITDA at or above previous range. Carvana expands network, invests in tech, and remains confident in its tech-driven model.
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