Carvana's shares went up 6.65% on Tuesday after CarMax reported better-than-expected earnings.

Sep 29, 2026, 11:12 AM ETResultsRead the original at Benzinga

Neutral

CarMax sold more used cars, but its profit per car fell by about $100 to about $2,100 and is expected to fall further. These are mixed clues, and the story gives no new Carvana sales or profit figures.

CVNA · Carvana Co.

AI read · Neutral

The AI's read

The report offers a clue about used-car demand, not proof of Carvana's own sales. CarMax sold more cars, but earned less per car and expects further declines. Because the story gives no new Carvana sales or profit figures, it does not change how we read the company.

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