CarMax (KMX) option IV elevated into quarter results and outlook

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CarMax (KMX) jumps on earnings, revenue beat

June 23, 2023 7:59 AM EDT

CarMax (NYSE: KMX) shares are trading around 6% higher premarket on the back of its first-quarter earnings and revenue beat.

The used car retailer reported Q1 EPS of $1.44, compared to the analyst consensus estimate of $0.79. However, the quarter included a $0.28 benefit in connection... More