Carvana 3Q Profit Rises to $289 Million as Vehicle Sales Climb Nearly 40%
Carvana reported third-quarter profit of $289 million, or 39 cents a share, as vehicle sales rose nearly 40% from a year earlier.
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Carvana reported third-quarter profit of $289 million, or 39 cents a share, as vehicle sales rose nearly 40% from a year earlier.
Carvana reported third-quarter profit of $289 million, or 39 cents a share, as vehicle sales climbed nearly 40% from a year earlier.
Penske Automotive reported third-quarter 2026 revenue of $8.42 billion, up 4.5% year over year, while net income attributable to common stockholders fell to $220.8 million. Commercial truck revenue rose 22.3% to $1.12 billion, and truck sales increased 32.7% to 6,779 units.
Independent Bank reported third-quarter 2026 net income of $17.9 million, or $0.80 per diluted share. Adjusted net income was $20.6 million, or $0.92 per diluted share, excluding merger-related expenses.
A consumer technology roundup covers reported results, AI developments, product announcements and other corporate news from Oct. 12–16.
Mercedes-Benz Group's global third-quarter 2026 sales fell 6% year over year to 491,700 cars and vans. Group-wide battery-electric vehicle sales rose 52%, with passenger-car electric vehicle sales reaching a quarterly record. U.S. passenger-car retail sales increased 4% to 76,200 vehicles. * Total U.S. retail sales ros
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Marsh said third-quarter revenue rose 8% to $6.9 billion, underlying revenue growth was 5%, and adjusted EPS increased 10% to $2.03. The company raised its Thrive program savings target to $600 million from $400 million.
Fastenal reported third-quarter 2026 net sales of $2.46 billion, up 15.5%, with earnings growth exceeding sales growth. Operating margin rose 90 basis points to 21.5%, and operating income posted its largest year-over-year quarterly increase in company history.
(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.) By Stephen Gandel NEW YORK, Oct 13 (Reuters Breakingviews) — The US commute is becoming an antique roadshow. Squeezed by high vehicle prices and borrowing costs, drivers are buying older cars with loans that last as long as eight yea
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Goldman Sachs reported third-quarter net revenue of $18.7 billion and earnings per share of $17.01. The bank said revenue was the second-highest in its history.
Albertsons reported Q2 fiscal 2026 identical sales down 0.8%, adjusted EBITDA of $784 million and adjusted EPS of $0.36 per share. The company is targeting $2 billion in cost savings over the next three years and said it is reviewing its portfolio and potential strategic actions.
European carmakers seek more support against Chinese rivals Volkswagen warns of 'enormous pressure' on industry Drop in BMW, Stellantis Q3 deliveries highlight challenges By Rachel More and Giulio Piovaccari PARIS, Oct 13 (Reuters) — European automakers urged policymakers on Tuesday to do more to help them cope with Ch
Republic Services reported Q2 2026 revenue growth of 4.6% and adjusted EBITDA growth of 4.5%, with a 32.1% adjusted EBITDA margin. It raised full-year guidance to revenue of $17.2 billion–$17.3 billion, adjusted EBITDA of $5.525 billion–$5.55 billion and adjusted EPS of $7.23–$7.28.
On Thursday, ICF International (NASDAQ: ICFI ) discussed second-quarter financial results during its earnings call. The full transcript is provided below. This content is powered APIs. For comprehensive financial data and transcripts, visit View the webcast at Summary ICF International reported a 6% increase in revenue
Karman Holdings (NYSE: KRMN ) released second-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. Access the full call at Summary Karman Holdings reported a record secon
United Airlines says flyers will be able to watch almost every MLB playoff game via DISH streaming supported by Starlink. The airline also said it is offering a status match for Delta and American Airlines loyalty members.
Major U.S. indexes finished higher Friday, with nine S&P 500 sectors advancing and small- and mid-cap shares also participating. Technology was mixed, as semiconductor weakness offset gains in software, cybersecurity and several megacaps.
TKM Grupp said its car segment revenue rose 39.2% year on year to 73.4 million euros in the third quarter of 2026. The segment sold 1,944 new vehicles and reported pre-tax profit of 2.8 million euros.
BKV (NYSE: BKV ) released second-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. View the webcast at Summary BKV Corporation reported its strongest financial quarter
Bank of America analysts raised Soitec to buy from neutral, saying photonics should significantly expand the French semiconductor-materials maker's gross margin over the coming years. They see gross margin rising to 29% in fiscal 2027, 39% in fiscal 2028 and 44% in fiscal 2029.
EZCORP (NASDAQ: EZPW ) reported third-quarter financial results on Thursday. The transcript from the company's third-quarter earnings call has been provided below. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary EZCORP reported a significant increase
Jefferies kept Porsche at hold with a 49 euro target after investor-event remarks on margins and cash returns. UBS raised Volvo to buy and Bernstein upgraded Continental to outperform, while shares in the sector were mixed.
Polestar said its third-quarter retail sales rose slightly, several months after Washington barred the China-linked EV maker from selling new cars in the US from the next model year.
Valvoline (NYSE: VVV ) held its third-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary Full Transcript OPERATOR Hello everyone. Thank you for joining us and
EVgo (NASDAQ: EVGO ) held its second-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit The full earnings call is available at Summary EVgo Inc reported a solid second quarter, with expectat
Shell said its refining margin is expected to reach a record high in the third quarter, helped by Middle East war volatility and a global supply squeeze.