11.04.2024 12:56:03 - dpa-AFX: CarMax Inc. Bottom Line Declines In Q4, misses estimates
WASHINGTON (dpa-AFX) - CarMax Inc. (KMX) announced a profit for fourth
quarter that decreased from last year and missed the Street estimates.
The company's earnings totaled $50.27 million, or $0.32 per share. This
compares with $69.01 million, or $0.44 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $0.49 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter fell 1.6% to $5.63 billion from $5.72
billion last year.
CarMax Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $50.27 Mln. vs. $69.01 Mln. last year.
-EPS (Q4): $0.32 vs. $0.44 last year.
-Revenue (Q4): $5.63 Bln vs. $5.72 Bln last year.
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