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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Carvana reported record second-quarter results, posting an adjusted EBITDA of $769 million which slightly exceeded consensus estimates. The company also updated its full-year 2026 guidance, projecting adjusted earnings between $2.7 billion and $3 billion. However, shares fell approximately 8% in premarket trading as the midpoint of this outlook trailed the Bloomberg consensus estimate of $2.99 billion.