Market Overview

UPDATE: CarMax Posts Downbeat Q3 Profit

Related KMX
#PreMarket Primer: Monday, December 22: White House Struggles To Respond To Sony Hack
Mid-Day Gainers From December 19: CarMax, Fate Therapeutics And More
Making Money With Charles Payne: 12/11/14 (Fox Business)

CarMax (NYSE: KMX) reported a gain in its third-quarter profit.

CarMax's quarterly profit surged to $106.5 million, or $0.47 per share, versus $94.7 million, or $0.41 per share, in the year-ago period.

Its revenue climbed to $2.9 billion from $2.6 billion. However, analysts were projecting earnings of $0.48 per share on revenue of $2.9 billion.

CarMax shares closed at $53.05 yesterday.

Posted-In: profitEarnings News

 

Related Articles (KMX)

Around the Web, We're Loving...

Get Benzinga's Newsletters