CarMax: Fiscal Q1 Earnings Snapshot
RICHMOND, Va. (AP) — RICHMOND, Va. (AP) — CarMax Inc. (KMX) on Friday reported fiscal first-quarter earnings of $210.4 million.
The Richmond, Virginia-based company said it had net income of $1.38 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share.
The used car dealership chain posted revenue of $7.55 billion in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $7.52 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 KMX at https://www.zacks.com/ap/KMX
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