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Carvana Q3 Earnings Preview: Can the Rally Continue?

Carvana Q3 Earnings Preview: Can the Rally Continue?

Author:

Global Cryptocurrency

Published:

2025-10-28 04:53:02

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BTCCSquare news:

Carvana's stock has surged 75% year-to-date ahead of its Q3 earnings report, with Wall Street anticipating a 103% EPS jump to $1.30 and $5.11 billion in revenue. The used-car platform's turnaround story faces its next test amid rising delinquencies and skeptic bets from short-sellers like Jim Chanos.

JPMorgan remains bullish, raising its price target to $490 on expectations of another operational beat. The real story lies in management's guidance—whether Carvana can maintain momentum as macro pressures squeeze competitors.

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