Carvana raised 2024 guidance on Wednesday after smashing earnings estimates for the third quarter. For the full year, Carvana is now targeting adjusted EBITDA "significantly above the high end" of its prior outlook for $1 billion-$1.2 billion. For Q3, Carvana delivered adjusted EBITDA of $429 million, vs. $148 million a year ago and crushing analyst estimates for $335.8 million.