Carvana shares spike 30% as used car retailer posts record first quarter

Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023.Shares of Carvana popped more than 30% during after-hours trading Wednesday after the automaker reported record quarterly results and turned a profit during the first quarter.Here's how the company performed in the first quarter, compared with average estimates compiled by LSEG:Earnings per share: 23 cents, it was not immediately clear if it was comparable to the 74 cent loss expectedRevenue: $3.06 billion vs. $2.67 bill ...