Carvana ($CVNA): 3Q24 Pre-Earnings Analysis (Research Note #14)

Analysis on the upcoming earnings, in relation to guidance, CarMax, and past results.

The last CVNA Research Note focused on potential total adjusted EBITDA for 3Q24 and 4Q24 based on the guidance provided by Carvana.

But how reasonable is that guidance?

Directly below is a summary / conclusion of the analysis in this CVNA Research Note, with thoughts on the upcoming 3Q24 earnings.