CVNA - Carvana Stock Cruises On Q3 Earnings: Nearly 81k Vehicles Sold Gross Profit Per Vehicle Jumps Despite 'Challenging Industry Environment' | Benzinga
Carvana Co (NYSE: CVNA) reported third-quarter financial results Thursday after the close. Here's a rundown of the report and a look at what appears to be driving shares higher after hours.
Q3 Earnings: Carvana reported third-quarter revenue of $2.773 billion, versus the consensus estimate of $2.782 billion, according to Benzinga Pro.
The company reported net income of $741 million, assisted by a gain on debt reduction. Carvana also reported record adjusted EBITDA of $148 million.
Carvana said it sold ...