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CarMax Inc. (KMX) revealed a profit for second quarter that decreased from last year.


RTTNews | Sep 30, 2021 06:55AM EDT

06:55 Thursday, September 30, 2021 (RTTNews.com) - CarMax Inc. (KMX) revealed a profit for second quarter that decreased from last year.

The company's profit totaled $285.27 million, or $1.72 per share. This compares with $296.70 million, or $1.79 per share, in last year's second quarter.

Analysts had expected the company to earn $1.90 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 48.8% to $7.99 billion from $5.37 billion last year.

CarMax Inc. earnings at a glance:

-Earnings (Q2): $285.27 Mln. vs. $296.70 Mln. last year.-EPS (Q2): $1.72 vs. $1.79 last year.-Analysts Estimate: $1.90-Revenue (Q2): $7.99 Bln vs. $5.37 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3229441/carmax-inc-earnings-fall-in-q2-misses-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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