William Blair projects Carvana Q3 retail units sold to increase sequentially

William Blair says the firm’s web analysis suggests that Carvana will post its first sequential increase in retail units sold since June 2022 and the firm projects a 5% sequential increase to roughly 80,000 cars in Q3. This total would be about 3,000 cars ahead of consensus and above guidance for units sold similar to the second quarter, or roughly 76,500, noted the analyst, who has a Market Perform rating on Carvana shares.