Carvana (CVNA) reported Q1 earnings Wednesday of $1.51 per diluted share, up from $0.23 a year earlier.
Analysts polled by FactSet expected $0.57.
Revenue in the three months ended March 31 rose to $4.23 billion from $3.06 billion a year earlier.
Analysts surveyed by FactSet expected $4 billion.
Shares of the company fell 4.3% in after-hours trading.