Why Carvana Stock Soared 20% After Earnings

Carvana stock appears to be on the right path to growth. Carvana (CVNA 21.90%) stock motored higher Thursday, its stock up 20% through 11:25 a.m. ET after beating analyst forecasts for third-quarter revenue.Carvana reported Q3 sales of $3.66 billion last night, edging out Wall Street forecasts for$3.65 billion. The company also appears to have beaten earnings expectations. Carvana Q3 sales and earningsAccording to Yahoo! Finance data, Carvana entered Q3 with analysts expecting it to earn $0.25 per share -- ...