trending Market Intelligence /marketintelligence/en/news-insights/trending/zVtrsWFK5xKwk6l55Qn_3w2 content esgSubNav
In This List

CarMax fiscal Q2 profit climbs YOY


S&P Capital IQ Pro | Unrivaled Sector Coverage


S&P Capital IQ Pro | Powering Your Edge

S&P Capital IQ Pro | Powered by Expert Insights


Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud

CarMax fiscal Q2 profit climbs YOY

CarMax Inc. said its normalized net income for the fiscal second quarter ended Aug. 31 was 65 cents per share, compared with the S&P Capital IQ consensus estimate of 67 cents per share.

EPS rose year over year from 62 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $143.6 million, an increase from $142.0 million in the prior-year period.

The normalized profit margin fell to 3.8% from 4.2% in the year-earlier period.

Total revenue increased 10.9% on an annual basis to $3.75 billion from $3.38 billion, and total operating expenses rose 11.6% from the prior-year period to $3.51 billion from $3.15 billion.

Reported net income grew 9.6% year over year to $154.7 million, or 70 cents per share, from $141.1 million, or 62 cents per share.