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Home›Earnings›Guidance›Carvana shares drop 15% after 2026 earnings outlook mi…

Carvana shares drop 15% after 2026 earnings outlook misses expectations

Carvana guided 2026 earnings to a range of $2.7 billion to $3.0 billion after reporting record results for the second quarter.

Reported · Written up by our desk · Guidance

Carvana shares fell about 15% after the auto retailer forecast 2026 earnings that did not meet Wall Street expectations, CNBC Markets reported.

The company said it expects earnings of between $2.7 billion and $3.0 billion this year, following results for the second quarter that it described as record results.

Carvana’s update came on Wednesday, when investors reacted to the guidance that fell short of consensus forecasts, according to CNBC Markets.

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Sources

CNBC MarketsCarvana stock falls 15% as auto retailer's 2026 earnings guidance misses Wall Street's expectations

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