RICHMOND, Va. (AP) — RICHMOND, Va. (AP) — CarMax Inc. (KMX) on Thursday reported fiscal second-quarter earnings of $132.8 million.
The Richmond, Virginia-based company said it had profit of 85 cents per share.
The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share.
The used car dealership chain posted revenue of $7.01 billion in the period, exceeding Street forecasts. Eight analysts surveyed by Zacks expected $6.85 billion.
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