UPDATE 2-CarMax earnings rise, but shares fall on outlook

Newswire

(Updates with stock price, details) DETROIT, Sept 22 (Reuters) - Auto retailer CarMax Inc. on Monday said its quarterly earnings rose 25 percent, boosted by stronger used and wholesale vehicle sales and higher service profits. But shares of the Richmond, Virginia, company were down nearly 6 percent after it said its fiscal third quarter earnings per share would be in the range of 19 cents to 21 cents, below Wall Street estimates of 22 cents a share, according to Thomson First Call. In ...

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