(Recasts, adds stock price) DETROIT , March 29 (Reuters) - CarMax Inc. , the largest retailer of used cars in the United States, posted a 15 percent rise in quarterly earnings on Thursday, but missed estimates, sending shares lower by 8 percent. Earnings increased to $42.1 million, or 19 cents per share, in the fiscal fourth quarter ended Feb. 28, from $36.7 million, or 17 cents per share, a year earlier. The latest results include an asset impairment charge of 1 cent per share related ...
Premium Content (PAID Subscription Required)
"UPDATE 2-CarMax 4th-qtr earnings rise but misses estimate" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.