** Shares of online used-car retailer Carvana CVNA.N rise 10% to $285.21

** Co late on Wednesday posted Q1 revenue of $4.23 billion, beating analysts' average estimate of $4.01 billion according to data compiled by LSEG

** Co reported Q1 net income of $373 million, vs analysts' estimate of $169.05 million

** Including session's moves, CVNA stock up 41.5% YTD

(Reporting by Padmanabhan Ananthan)

((Padmanabhan.Ananthan@thomsonreuters.com))