financetom
Business
financetom
/
Business
/
CarMax Fiscal Q1 Earnings, Revenue Fall
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CarMax Fiscal Q1 Earnings, Revenue Fall
Jun 21, 2024 4:31 AM

07:07 AM EDT, 06/21/2024 (MT Newswires) -- CarMax ( KMX ) reported fiscal Q1 earnings Friday of $0.97 per diluted share, down from $1.44 a year earlier.

Analysts polled by Capital IQ expected $0.95.

Revenue for the quarter ended May 31 was $7.11 billion, compared with $7.69 billion a year earlier.

Analysts surveyed by Capital IQ expected $7.09 billion.

Price: 71.99, Change: +0.63, Percent Change: +0.88

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Diamondback Energy Well-Positioned Operationally, Financially to Close Endeavor Energy Resources Deal, RBC Says
Diamondback Energy Well-Positioned Operationally, Financially to Close Endeavor Energy Resources Deal, RBC Says
Aug 13, 2024
11:27 AM EDT, 08/13/2024 (MT Newswires) -- Diamondback Energy ( FANG ) appears well-positioned operationally and financially to close its pending merger with Endeavor Energy Resources and reach or surpass synergy targets, RBC Capital Markets said in a note Monday. [Diamondback Energy ( FANG )] has demonstrated an operational aptitude that has delivered reliable performance over the past few years,...
US SEC sues over alleged $650 million global crypto fraud
US SEC sues over alleged $650 million global crypto fraud
Aug 13, 2024
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission on Monday sued the cryptocurrency company NovaTech and its married co-founders, saying they fraudulently raised over $650 million from more than 200,000 investors worldwide, including many Haitian-Americans. NovaTech and co-founders Cynthia and Eddy Petion allegedly promised investors their money would be safe, with Cynthia Petion assuring they would be in...
Update: Sea Shares Jump After Q2 Revenue Beat
Update: Sea Shares Jump After Q2 Revenue Beat
Aug 13, 2024
11:22 AM EDT, 08/13/2024 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.) Sea (SE) shares rose 11% in recent Tuesday trading after the company's Q2 revenue topped estimates by analysts. Revenue in the three months ended June 30 rose to $3.81 billion from $3.10 billion a year earlier. Analysts polled by Capital...
Talen focused on data center demand as it considers axing crypto business
Talen focused on data center demand as it considers axing crypto business
Aug 13, 2024
NEW YORK, Aug 13 (Reuters) - Talen Energy ( TLN ) is focused on capturing surging demand from data center developers as the independent power company looks to pivot away from its crypto mining operation, company executives said on a conference call on Tuesday. Talen is among a group of U.S. electric companies benefiting from the power needs of artificial...
Copyright 2023-2026 - www.financetom.com All Rights Reserved