CarMax Inc. Q2 Earnings Rise

(RTTNews) - CarMax Inc. (KMX) revealed a profit for its second quarter that rose from last year.

The company's profit came in at $220.89 million, or $1.24 per share. This compares with $181.42 million, or $0.98 per share, in last year's second quarter.

Analysts had expected the company to earn $1.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.7% to $4.77 billion from $4.39 billion last year.

CarMax Inc. earnings at a glance:

-Earnings (Q2): $220.89 Mln. vs. $181.42 Mln. last year. -EPS (Q2): $1.24 vs. $0.98 last year. -Analysts Estimate: $1.22 -Revenue (Q2): $4.77 Bln vs. $4.39 Bln last year.