Carvana Co.
Shortcut
0.43Normalized diluted EPS
-9.5% vs Street
Street
0.47Normalized diluted EPS
October 25 consensus snapshot
Real
0.39Provider normalized diluted EPS
Model download
Explore the assumptions and calculations behind the forecast.
Shortcut’s reasoning.
Units 213k (+37% y/y): guidance = sequential increase; Jefferies web scrape ~39% Q3 growth, Street 206.9k-210.3k, prediction market ~217k
Revenue $7.72bn: mgmt said Q3 revenue growth should be more in line with unit growth; ASP $26,950 (+5% y/y) as mix normalises; other GPU $2,600 on benchmark-rate pressure
Adj. EBITDA $800m (Street ~$791m) with retail GPU $3,420 and SG&A $739m (higher advertising)
On the record.
- Reporting period
- Q3 2026 (FQ3 2026 - Sep 2026; quarter ended 2026-09-30, fiscal year ends Dec-31)
- Reporting basis
- Frozen consensus normalized diluted Class A common EPS, USD, original5:1 split basis. Model normalized equals GAAP, supported by six historical issuer matches; future actual basis verified separately.
- Consensus snapshot
- October 25, 2026
- Model / effort
- Opus 5.5 · High effort
- Workbook
- Reviewed workbook
Record history
- Forecast generated
- Oct 27, 2026 at 4:33 AM PDT
- Original author completed
- Oct 27, 2026 at 3:51 AM PDT
- Reviewed revision completed
- Oct 27, 2026 at 4:33 AM PDT
- First published
- Oct 27, 2026 at 11:06 AM PDT
Result basis
Carvana reports Q3 GAAP diluted net earnings per Class A share $0.39, versus $0.40 basic, for September 30,2026. Separately, the direct Google Finance Q3 panel and previous-report table explicitly display Normalized EPS $0.39; all six frozen historical normalized actuals match the displayed series. The original 5-for -1 split basis is retained without another conversion. Current provider consensus $0.48 does not replace frozen Street $0.47. Item-level normalization is unavailable; the current provider actual remains on revision watch.