trending Market Intelligence /marketintelligence/en/news-insights/trending/QbEQ5jHA21_YUfVpjDkkdA2 content esgSubNav
In This List

CarMax fiscal Q3 profit climbs 5.6% YOY

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


CarMax fiscal Q3 profit climbs 5.6% YOY

CarMax Inc. said its normalized net income for the fiscal third quarter ended Nov. 30, 2016, amounted to 72 cents per share, compared with the S&P Capital IQ consensus estimate of 71 cents per share.

EPS rose 12.6% year over year from 64 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $137.3 million, a gain of 5.6% from $130.0 million in the prior-year period.

The normalized profit margin increased to 3.5% from 3.5% in the year-earlier period.

Total revenue grew on an annual basis to $3.89 billion from $3.72 billion, and total operating expenses increased on an annual basis to $3.66 billion from $3.50 billion.

Reported net income increased 7.2% year over year to $137.4 million, or 72 cents per share, from $128.1 million, or 63 cents per share.