Carvana's record quarterly results top Wall Street expectations
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023.DETROIT — Carvana's first-quarter results easily topped Wall Street's expectations as the company reported record sales driven by higher-than-expected industry demand amid fears of price increases due to automotive tariffs.Here's how the company performed in the first quarter, compared with average estimates compiled by LSEG:Earnings per share: 4.23 billion vs. $3.98 billion expectedT ...