CarMax beat earnings by $0.16 as revenue reaches $5.95 billion, topping estimates
CarMax reported fourth quarter EPS of $0.34, landing $0.16 above the analyst consensus of $0.18. Revenue for the period reached $5.95 billion, surpassing the estimated $5.65 billion. The company’s financial performance outpaced market expectations on both the earnings and revenue fronts. CarMax’s stock closed at $49.08 after the results were announced. Two positive EPS revisions had been made in the prior 90 days, with no negative revisions. According to InvestingPro, CarMax’s Financial Health score reflects good performance.
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