CarMax Inc (NYSE:KMX) shares plummeted on Thursday after the used car sales platform's fourth quarter profits disappointed. For Q4, CarMax reported earnings per share (EPS) of $0.58, missing estimates of $0.66.
While the top- and bottom-line numbers for CarMax (KMX) give a sense of how the business performed in the quarter ended February 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Used car retailer CarMax (KMX 8.87%) reported fiscal 2025 fourth-quarter and full-year earnings on Thursday, April 10, that fell short of analysts' consensus expectations. While it missed estimates of $0.66, earnings grew substantially year over year, with EPS hitting $0.58.
CarMax (KMX) came out with quarterly earnings of $0.64 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.32 per share a year ago.
Used-car retailer CarMax on Thursday reported a fourth-quarter profit that missed Wall Street estimates, as higher borrowing costs kept some consumers from making big ticket purchases.
CarMax (KMX) shares dropped in premarket trading Thursday after the used-car retailer's fiscal fourth-quarter profit and used-vehicle sales came in below analysts' expectations.
The Zacks Consensus Estimate for KMX's fiscal fourth-quarter earnings and revenues is pegged at 64 cents per share and $5.97 billion, respectively.
Used car retailer CarMax Inc (NYSE:KMX) will report fourth-quarter results before the open on Thursday, April 10.
Get a deeper insight into the potential performance of CarMax (KMX) for the quarter ended February 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Big banks report earnings this week, along with Cal-Maine and Levi Strauss. The consumer price index data will be the economic highlight of the week.
The used car market is experiencing a period of dynamic change, with evolving consumer preferences, technological advancements, and economic factors shaping the fortunes of key players. CarMax NYSE: KMX, a long-standing leader known for its brick-and-mortar presence and established brand, and Carvana NYSE: CVNA, an online disruptor that has experienced dramatic recent volatility, exemplify these contrasting trajectories.
CarMax (KMX) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.