Carvana Stock Jumps 24% on Better-Than-Expected Q3 earnings
Carvana Stock Jumps 24% on Better-Than-Expected Q3 earnings
Total revenue was up 32% year-over-year. Carvana sold 108,651 vehicles in the third quarter, up 34% year-over-year. Gross profit per unit was $7,427 in the quarter, up $1,475 from the prior year's quarter.$Carvana (CVNA.US)$ shares are trading 24% higher Thursday after the company reported better-than-expected results for the third quarter.
$Carvana (CVNA.US)$ 股票週四交易上漲24%，因公司公佈了第三季度超出預期的業績。
Q3 Revenue: $3.66 billion, versus estimates of $3.45 billion
第三季度營業收入：36.6億美元，高於預估的34.5億美元
Q3 EPS: 64 cents, versus estimates of 17 cents
第三季度每股收益：64美分，高於預估的17美分
Total revenue was up 32% year-over-year. Carvana sold 108,651 vehicles in the third quarter, up 34% year-over-year. Gross profit per unit was $7,427 in the quarter, up $1,475 from the prior year's quarter.
總營業收入同比增長32%。Carvana在第三季度售出108,651輛汽車，同比增長34%。每單位毛利潤爲7,427美元，較去年同期增加1,475美元。
"As we integrate our operations and tap our national footprint, we are not only driving efficient growth, but also improving customer experiences, reducing costs, and strengthening our wholesale platform," said Ernie Garcia, co-founder and CEO of Carvana.
"在整合我們的業務和利用我們的國家範圍的同時，我們不僅推動了高效增長，還改善了客戶體驗，降低了成本，並加強了我們的批發平台，"Carvana的聯合創始人兼CEO Ernie Garcia說。
"With just 1% share in an enormous market, significant capacity to support growth, and a business that generates positive feedback as it scales, we are just getting started."
"在一個龐大的市場中僅佔有1%的市場份額，有着支持增長的巨大能力，並且業務擴張過程中產生積極反饋，我們只是剛剛開始。"
Looking ahead, Carvana said it expects a sequential increase in year-over-year growth for retail units sold in the fourth quarter. The company also sees full-year adjusted EBITDA above the high end of its previous guidance range of $1 billion to $1.2 billion.
展望未來，carvana表示預計第四季度零售銷售量同比增長，該公司還預計全年調整後的EBITDA將高於此前指導範圍的10億至12億美元的高端。
