CarMax Inc. Reports 9% Increase In Q3 Bottom Line

(RTTNews) - CarMax Inc. (KMX) reported earnings for its third quarter that advanced compared to the same period last year.

The company said its bottom line climbed to $148.84 million, or $0.81 per share. This was up from $136.65 million, or $0.72 per share, in last year's third quarter.

Analysts had expected the company to earn $0.81 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.1% to $4.11 billion. This was up from $3.70 billion last year.

CarMax Inc. earnings at a glance:

-Earnings (Q3): $148.84 Mln. vs. $136.65 Mln. last year. -Earnings Growth (Y-o-Y): 8.9% -EPS (Q3): $0.81 vs. $0.72 last year. -EPS Growth (Y-o-Y): 12.5% -Analysts Estimate: $0.81 -Revenue (Q3): $4.11 Bln vs. $3.70 Bln last year. -Revenue Change (Y-o-Y): 11.1%