Carmax reports q1 earnings per share $0.03

Carmax reports first quarter fiscal 2021 results.q1 performance significantly impacted by coronavirus pandemic.q1 revenue fell 39.8 percent to $3.23 billion.q1 earnings per share $0.03.as of may 31, 2020, we had $658.0 million in cash and cash equivalents on hand.q1 comp store used unit sales fell 42 percent.as of may 31, 2020, had $1.08 billion of unused capacity on our revolving credit facility.qtrly total wholesale vehicle unit sales declined 47.6% compared with q1 of fiscal 2020.carmax - as of may 31, loan losses allowance of $437.2 million was 3.32% of ending managed receivables.q1 earnings per share view $0.04, revenue view $2.71 billion -- refinitiv ibes data.carmax - qtrly total used vehicle unit sales declined 39.8%.carmax - total long-term debt declined to $1.71 billion as of may 31 versus $1.79 billion as of feb 29.carmax - encouraged by recent trends experienced in late may and june.carmax - qtrly epp revenue declined $37.9 million, largely reflecting reduction in used unit sales.carmax - q1 eps included one-time benefit of $0.18 related to receipt of settlement proceeds in class action lawsuit.carmax - during q1 2021, opened four stores in existing markets.carmax - comparable store used unit sales for 2 weeks ended june 14 within 10% of last year's sales.
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