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CarMax shares down on Q1 profit fall



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** Shares of used car retailer CarMax KMX.N down 1.3% at $70.5 premarket

** KMX reports an about 33% dip in Q1 profit, as lower margins from vehicles sold continued to impact the used-vehicle industry

** Reports Q1 net income of $152.4 mln or 97 cents/share, compared with $228.3 mln or $1.44/share a year ago

** Q1 revenue fell to $7.11 bln compared with $7.69 bln a year earlier

** Ten of 18 brokerages rate the stock "buy" or higher, six "hold" and two "sell"; their median PT is $77.50

** Up to Thursday's close, stock had fallen ~7% YTD





Reporting by Kannaki Deka

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