TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — Carvana Co. (CVNA) on Wednesday reported third-quarter earnings of $289 million.

The Tempe, Arizona-based company said it had net income of 39 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.

The company posted revenue of $8.04 billion in the period, exceeding Street forecasts. Seven analysts surveyed by Zacks expected $7.67 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVNA at https://www.zacks.com/ap/CVNA