NEW YORK (TheStreet) -- Shares of CarMax Inc. are higher by 4.84% to $71.70 in pre-market trading on Thursday, after the used car retailer reported its fiscal 2015 fourth quarter earnings results, which came in above analysts' estimates and improved year-over-year. CarMax said its earnings were 67 cents per diluted share, a 52.3% increase compared to the same quarter the previous year. Analysts polled by Thomson Reuters were expecting 60 cents per share for the most recent quarter. Net sales for the fiscal 2015 fourth quarter grew by 14.2% to $3.51 billion, beating the $3.50 billion analysts were expecting. "We had another great year, achieving several new milestones... In fiscal 2015, the continued strong performance of our used, wholesale and CAF operations, along with the growth of our store base and our ongoing share repurchase program, contributed to our record earnings per share," CarMax CEO Tom Folliard said in a statement. Separately, TheStreet Ratings team rates CARMAX INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: "We rate CARMAX INC (KMX) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated." You can view the full analysis from the report here: KMX Ratings Report KMX data by YCharts Must Read: Warren Buffett's Top 25 Stocks for 2015
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