=Carvana (CVNA) reported earnings on Tue 6 Nov 2018 (a/h)

Carvana misses by $0.04, beats on revs; guides Q4 revs mostly above consensus 

Reports Q3 (Sep) loss of $0.40 per share, excluding non-recurring items, $0.04 worse than the S&P Capital IQ Consensus of ($0.36); revenues rose 137.8% year/year to $535 mln vs the $509.09 mln S&P Capital IQ Consensus. Retail unit sales of 27,500 -- 30,000, an increase of 103% -- 122%; Total gross profit per unit ex-Gift of $2,000 -- $2,250, an increase from $1,619; EBITDA margin ex-Gift of (10.5%) -- (8.5%), an improvement from (15.5%)

Co issues upside guidancefor Q4, sees Q4 revs of $570-630 mln vs. $579.29 mln S&P Capital IQ Consensus.