MarketPR
Carvana's 2026 earnings outlook landed Wednesday below Wall Street's expectations, sending shares of the online auto retailer lower through the session.
The company (CVNA) set a full-year earnings range of $2.7 billion to $3 billion alongside what it characterized as record second quarter results.
Whether Carvana revises that range at the next reporting event is now the question the setup is tracking. The guidance range The $2.7 billion to $3 billion band is the operative number for the setup.
Carvana set it on Wednesday, pairing the range with a second quarter the company called its best on record. The market read the forward figure, not the trailing one.
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