US Top News and Analysis | Carvana stock pops as used car retailer reports record first-quarter results AI generated summary, Read the full article for complete information. Carvana’s first‑quarter results beat Wall Street expectations, sending the stock up as much as 10% in after‑hours trading. The online used‑car retailer posted earnings per share of $1.69 versus the $1.43 forecast and revenue of $6.43 billion, topping the $6.08 billion estimate. Retail sales surged 40% year over year to 187,393 units, while adjusted EBITDA rose to $672 million and net income increased to $405 million from $373 million a year earlier. The company said it expects a sequential rise in both retail units sold and adjusted EBITDA in the second quarter, aiming for all‑time records on both metrics. Although Carvana’s market‑cap‑weighted shares are down about 6% in 2026, they are up roughly 63% over the past year. Read more: https://www.cnbc.com/2026/04/29/carvana-cvna-earnings-q1-2026.html #Carvana #WallStreet