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CarMax Inc. (KMX) Rocketed To A New High After Q3 Profit Exceeded Expectations

CarMax Inc. (KMX) reported third quarter EPS of $0.60 Friday morning, up from $0.47 in the prior year period. Analysts expected EPS of $0.54.

CarMax gapped open sharply higher Friday and took out the session highs around the middle of the afternoon. The stock finished up by 6.79 at $67.32 on the highest volume in 3 months. CarMax soared to a new high for the year.

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