Update: Carvana Shares Rise After Q3 Results, Guidance

02:50 PM EDT, 10/29/2026 (MT Newswires) -- (Adds stock movement in first paragraph and headline, guidance) Carvana (CVNA) shares were up over 15% in Thursday trading after the company said it is well positioned for a strong finish to 2026 following its Q3 results. Late Wednesday, the firm reported Q3 earnings of $0.39 per diluted share, compared with $0.21 a year earlier. Analysts polled by FactSet expected $0.44. Revenue for the quarter ended Sept. 30 was $8.04 billion, compared with $5.65 billion a year earlier. Analysts expected $7.71 billion. Looking ahead, the company said it expects a sequential increase in retail units sold, and adjusted EBITDA in the higher end of its $2.7 billion to $3.0 billion for the year. Price: 68.12, Change: +9.07, Percent Change: +15.36