Thursday, June 23, 2011

$KMX Second Day Levels.

"...posted net income of $126.3 million, or 55 cents per share for the three months ended May 31. That's up from $101.1 million, or 44 cents per share, a year ago. Earnings included a 3 cents per share gain related to its financing arm.Revenue rose 18 percent to $2.68 billion on strong used car sales and higher prices. Sales at stores open at least one year increased 6 percent.
Analysts surveyed by FactSet forecast adjusted earnings of 47 cents per share on $2.52 billion in revenue"

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