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CarMax (KMX) Stock Gains Ahead of Q4 Earnings

NEW YORK (TheStreet) -- CarMax (KMX - Get Report) stock is advancing 3.79% to $53.16 in early afternoon trading on Wednesday before the company's fiscal 2016 fourth quarter financial report, due out before Thursday's market open.

The Richmond, VA-based used vehicle retailer is expected to deliver a year-over-year increase in earnings per share and revenue tomorrow morning.

Analysts have estimated earnings of 71 cents per share on revenue of $3.68 billion for the latest quarter, compared with earnings of 67 cents per share on...