🟢 Carvana is trading 14% up today after record Q3 revenue and upgraded EBITDA outlook

Carvana is trading at $67.58 (+14.44%) after its October 28 earnings release, with record results and an upgraded EBITDA outlook among the clearest reported catalysts.

• Q3 revenue was a record $8.04 billion, and retail sales of 217,385 units beat expectations; adjusted EBITDA reached $800 million.
• Management said full-year adjusted EBITDA should land near the high end of its $2.7–$3.0 billion range.
• Adjusted EPS of $0.39 missed estimates.