Credit Suisse Lowers KMX EPS Estimates

Credit Suisse is lowering its 2011 and 2012 EPS estimates on shares of CarMax Inc. KMX to $1.90/$2.15 from $1.95/$2.20 “on slightly less expense leverage.” “We are establishing a 2013 estimate of $2.40,” Credit Suisse writes. CarMax closed Thursday at $32.10.