CarMax shares up 1.9% in pre-conference trading as the used car sales company reported revenue for the first quarter that fell but was in line with expectations, while sales rose higher than expected, boosted by higher prices. cars. Net income for the quarter ended May 31 fell to $ 252.3 million, or $ 1.56 a […]
Tag: CarMax
CarMax: Better-than-expected earnings for the quarter, share up 4.2%
CarMax Inc. shares rose 4.2% in pre-conference trading as the used car sales company announced quarterly results that exceeded estimates, due to strong demand amid shortages. The company reported net income of $ 269.4 million, or $ 1.63 per share, for the quarter, up from $ 235.3 million, or $ 1.42 per share, a year […]