CarMax (NYSE: KMX) stock is trading near its highs of the day, up 14.2% as of 2:45 p.m. EDT, after the used car specialist reported fiscal Q1 2018 earnings results this morning.CarMax earned $1.33 per share in Q1 on sales of $4.79 billion, beating analyst expectations for both sales and earnings.CarMax sells a whole lot of cars -- a lot of them wholesale.
Comment on Why CarMax Stock Popped 14%
newsfeedback@fool.com (Rich Smith), The Motley Fool
Fri, 06/22/2018 - 12:38pm
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