Carvana slips after Q3 profit miss despite record sales

Carvana Co

30/10/2025 09:25

** Shares of Carvana CVNA.N down 7.9% at $353.95 premarket after Q3 profit miss

** Online used cars retailer posted Q3 EPS of $1.03 after market close on Wednesday, below analysts' estimate of $1.26, according to LSEG data

** However, CVNA sold 155,941 retail units for total rev of $5.647 billion, both all-time quarterly records

** "Results and guidance didn't meet high expectations, but they still underscore the power and superiority of the model," BTIG analysts said in a note

** Fifteen out of 23 analysts rate the stock "buy" or higher, seven "hold" and one "sell"; median PT at $430 - data compiled by LSEG

** Shares of CVNA up about 74% YTD, as of last close

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))