CarMax: Fiscal Q4 Earnings Snapshot

April 12, 2022 GMT

RICHMOND, Va. (AP) _ CarMax Inc. (KMX) on Tuesday reported fiscal fourth-quarter earnings of $159.8 million.

On a per-share basis, the Richmond, Virginia-based company said it had profit of 98 cents.

The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.

The used car dealership chain posted revenue of $7.69 billion in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $7.57 billion.

For the year, the company reported profit of $1.15 billion, or $6.97 per share. Revenue was reported as $31.9 billion.


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