The headline numbers for CarMax (KMX) give insight into how the company performed in the quarter ended November 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
CarMax (KMX) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.52 per share a year ago.
CarMax on Thursday reported its first quarterly sales increase in more than two years, in an early sign that the used car market was rebounding from months of slump, sending the retailer's shares up more than 6% before the bell.
CarMax's stock surges toward a 2-year high as a drop in used car prices helped lead to a big sales beat.
The used-car retailer easily beats quarterly estimates for earnings and sales.
CarMax, Inc. KMX will release its third-quarter financial results, before the opening bell, on Thursday, Dec. 19.
This used-car seller is in the midst of a turnaround attempt. Investors will look for more green shoots.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Evaluate the expected performance of CarMax (KMX) for the quarter ended November 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
CarMax (KMX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CarMax (KMX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.