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Fly News Breaks for June 15, 2015
KMX
Jun 15, 2015 | 09:36 EDT
CL King said CarMax checks and industry data indicate Q1 used car sales are approximately 161,200 units, below its original estimate of 167,900 units. The firm lowered its Q1 EPS estimate to 81c from 83c, below consensus of 86c. Shares of CarMax are Buy rated.