Online used car dealer Carvana (NYSE: CVNA) will be announcing earnings results tomorrow afternoon. Here’s what to look for.

Carvana beat analysts’ revenue expectations by 5.7% last quarter, reporting revenues of $3.66 billion, up 31.8% year on year. It was an exceptional quarter for the company, with a solid beat of analysts’ EBITDA estimates.

Is Carvana a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Carvana’s revenue to grow 38% year on year to $3.35 billion, a reversal from the 14.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.32 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Carvana has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Carvana’s peers in the consumer internet segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Amazon delivered year-on-year revenue growth of 10.5%, meeting analysts’ expectations, and Coinbase reported revenues up 138%, topping estimates by 22%. Amazon traded down 4% following the results while Coinbase was also down 8%.

Read our full analysis of Amazon’s results here and Coinbase’s results here.

There has been positive sentiment among investors in the consumer internet segment, with share prices up 9.5% on average over the last month. Carvana is up 23.8% during the same time and is heading into earnings with an average analyst price target of $257.16 (compared to the current share price of $287.65).

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