Carvana ($CVNA): 3Q24 and 4Q24 Estimates (Research Note #13)

Based on Carvana's full-year 2024 guidance and estimates of retail units.

This CVNA Research Note includes estimates and analysis for 3Q24 and 4Q24 based on Carvana’s full-year guidance, and leveraging estimates of retail units.

Given Carvana’s Q3 earnings are this week, the purpose of this Research Note is to compare Carvana’s potential results to recent actuals, CarMax, and vs interest expense + CapEx.

Enjoy.