Carvana is trading 8.23% up in pre-market at $63.91 on October 29, following its October 28 earnings report; results and guidance appear to be driving the positive reaction despite an EPS miss.
- Revenue rose 42% to $8.04 billion; retail sales reached a record 217,385 units, up 39%.
- Carvana forecast full-year adjusted EBITDA toward the high end of its range.
- Shares were $59.05 at the October 28 close. Available reports describe a sharp after-hours rise but do not provide reliable pre-market volume data.