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CarMax Inc. (KMX) reported a profit for its first quarter that climbed from the same period last year.


RTTNews | Jun 25, 2021 06:58AM EDT

06:57 Friday, June 25, 2021 (RTTNews.com) - CarMax Inc. (KMX) reported a profit for its first quarter that climbed from the same period last year.

The company's profit totaled $436.76 million, or $2.63 per share. This compares with $4.98 million, or $0.03 per share, in last year's first quarter.

Analysts had expected the company to earn $1.63 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 138.4% to $7.70 billion from $3.23 billion last year.

CarMax Inc. earnings at a glance:

-Earnings (Q1): $436.76 Mln. vs. $4.98 Mln. last year.-EPS (Q1): $2.63 vs. $0.03 last year.-Analysts Estimate: $1.63-Revenue (Q1): $7.70 Bln vs. $3.23 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3205034/carmax-inc-reveals-increase-in-q1-bottom-line.aspx)

For comments and feedback: contact editorial@rttnews.com

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