Carvana 3Q Revenue Up as Retail Units Sold Jump

Dow Jones
10/30
 

By Freddy Sebastian

Carvana revenue rose in the third quarter as retail units sold climbed 44% to 155,941.

The online used-car seller on Wednesday posted a profit of $263 million, or $1.03 a share, compared with $148 million, or 64 cents a share, a year earlier.

Adjusted earnings per share reached $1.50 a share. Analysts expected $1.30 a share, according to FactSet.

Revenue jumped to $5.65 billion from $3.66 billion a year ago. Analysts expected $5.11 billion.

"Not only is this growth happening at the same time we are producing margins higher than have ever been reported by any other automotive retailer, but it is also happening at a very significant scale," CEO Ernie Garcia said in a letter to shareholders.

Adjusted earnings before interest, taxes, depreciation, and amortization for the quarter climbed to $637 million.

The company said it expects fourth-quarter retail unit sales over 150,000 vehicles.

Write to Freddy Sebastian at freddy.sebastian@wsj.com

 

(END) Dow Jones Newswires

October 29, 2025 16:36 ET (20:36 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10