Shares of CarMax Inc. (KMX) are currently trading at $131.33, down $5.66 or 4.13%, with trading volume rising over 1.04 million versus an average volume of 1.09 million shares. The stock has been trading between $90.30 and $155.98 for the past one year.

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RTTNews | Dec 22, 2021 10:05AM EST

10:05 Wednesday, December 22, 2021 (RTTNews.com) - Shares of CarMax Inc. (KMX) are currently trading at $131.33, down $5.66 or 4.13%, with trading volume rising over 1.04 million versus an average volume of 1.09 million shares. The stock has been trading between $90.30 and $155.98 for the past one year.

The company reported Q3 net income of $269.44 million or $1.63 per share compared to $235.30 million or $1.42 per share last year. Revenue for the quarter rose 64.7% to $8.53 billion from $5.18 billion in the previous year. Analysts polled by Thomson Reuters expected earnings of $1.44 per share on revenue of $7.53 billion for the quarter. Analysts' estimates typically exclude certain special items.

Read the original article on RTTNews ( https://www.rttnews.com/3251155/kmx-stock-down-despite-upbeat-q3.aspx)

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