CarMax: Still Missing The GPU Boost (Q1 Earnings Review)
CarMax is rated a sell due to unfavorable risk/reward, high valuation multiples, and gross margin pressures. Q1 FY27 results showed revenue growth driven by higher ASPs and wholesale volume, but gross profit per used car declined $230 YoY to $2,177. SG&A cost control and redesigned extended protection plans offer some margin support, but buybacks have paused and customer credit quality is deteriorating.
CarMax earnings create a buying opportunity in Carvana stock
Carvana (CVNA) shares opened in the “red” this morning in sympathy with peer CarMax (KMX) whose Q1 earnings signaled margin compression, stubbornly weak volumes, and rising acquisition costs. But a compelling case can be made that the market is lazily painting both companies with the same brush, ignoring the fundamental structural differences between how they operate.
CarMax Drops 7% Despite Earnings Beat, Carvana Tumbles 8% on Used-Car Margin, Credit Fears
Shares of CarMax (NYSE:KMX | KMX Price Prediction) stock are down 7% midday Wednesday near $48.30 after the used-car retailer reported fiscal Q1 2027 results before the open.
CarMax, Inc. (KMX) Q1 2027 Earnings Call Transcript
CarMax, Inc. (KMX) Q1 2027 Earnings Call Transcript
CarMax shares drop as margin pressure overshadows strong quarterly results
CarMax Inc (NYSE:KMX) shares fell more than 6% in early trade on Wednesday as investors looked past a better-than-expected first quarter earnings report and focused on margin pressure, credit risks and concerns about the company's profitability strategy. The used-vehicle retailer reported adjusted earnings per share of $1.31 for the quarter, well above analyst estimates of $0.95.
CarMax (KMX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for CarMax (KMX) give a sense of how its business performed in the quarter ended May 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Options Traders Circle CarMax Stock After Post-Earnings Pivot
CarMax Inc (NYSE:KMX) is gapping lower this morning, last seen down 6.4% to trade at $48.64, despite the car reseller reporting adjusted first-quarter earnings of $1.31 per share on $8.01 billion in revenue, both of which topped estimates.
CarMax (KMX) Q1 Earnings and Revenues Top Estimates
CarMax (KMX) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $1.38 per share a year ago.
CarMax Profit Falls Despite Higher Sales
CarMax said its fiscal first-quarter profit was hurt by price cuts the company had implemented to help spur sales.
Stay Ahead of the Game With CarMax (KMX) Q1 Earnings: Wall Street's Insights on Key Metrics
Evaluate the expected performance of CarMax (KMX) for the quarter ended May 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Analysts Estimate CarMax (KMX) to Report a Decline in Earnings: What to Look Out for
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.
Will CarMax (KMX) Beat Estimates Again in Its Next Earnings Report?
CarMax (KMX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
