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The Latest Breaking News from Carmax

KMX Stock Dives As Used Car Price Bubble Unwinds

KMX stock dived Thursday after Q3 earnings deeply undercut analysts' target. Used car prices are falling.

Investors Business Daily

Dow Jones Dives After GDP, Jobless Data; CarMax Plunges On 'Vehicle Affordability Issues'

The Dow Jones dived more than 400 points Thursday after first-time jobless claims and GDP. CarMax plunged on "vehicle affordability issues."

Investors Business Daily

Benzinga's Top Ratings Upgrades, Downgrades For October 3, 2022

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Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Worthington Industries, CarMax And Other Big Losers From Thursday

U.S. stocks closed lower with the Nasdaq Composite dropping more than 300 points on Thursday. Here is the list of some big stocks recording losses in the previous session.

Benzinga

Dow Jones Futures: Treasury Yields Fall With Inflation Data Due; Nike Dives On Inventories

Futures signaled a new bounce as Treasury yields fell ahead of the Fed's favorite inflation gauge. Nike plunged on inventory woes.

Investors Business Daily

Stock Market Breaks Lows; Dow Down 500; Peloton Sinks After Dick's Deal

The stock market sold off as investors fear a more aggressive Fed after a big drop in unemployment claims. Exercise stock sinks on the news.

Investors Business Daily

Dow Jones Pares Early Losses; Warren Buffett's Fund Makes Low-Volatility List; Meme Shares Plunge; Bitcoin Flashes

Major indexes gave up Wednesday's gains on strong job data. The Dow Jones Industrial Average pared back some of today's early losses of 2% and was off 1.2% at noon ET. The Nasdaq also traded slightly above morning's lows, down 2.5%, while the S&P 500 moderated its decline to 1.7%.…

Investors Business Daily

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Dow Jones Plunges After Key Economic Data; Apple Dives On Downgrade

The Dow Jones Industrial Average sold off Thursday after key economic data. Apple stock fell on a downgrade.

Investors Business Daily

Exclusive: Chamillionaire Talks CarMax Partnership, The Enduring Success Of Ridin'

Chamillionaire has been turning up in a nationwide campaign with CarMax Inc (NYSE: KMX).

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 9, 2022

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Benzinga

S&P 500: 3 IBD 50 Stocks Lead On Grim Market Day

Fertilizer stock Mosaic and lithium giant Albemarle led the S&P 500 Monday. Streaming media giant Warner Bros Discovery was a big loser.

Investors Business Daily

Used-Car Retailer Says Prices Leveling Off, Sees Gains From Tighter Lending

America's Car-Mart fell in after-hours trading Wednesday after it reported mixed fiscal first-quarter earnings. It said prices were easing.

Investors Business Daily

UnitedHealth Group And 3 Other Stocks Insiders Are Selling

U.S. stock futures are trading higher this morning ahead of earnings results from Tesla, Inc. (NASDAQ: TSLA). Investors, meanwhile, focused on some notable insider trades.

Benzinga

CarMax Reports Strong Earnings – Buy, Sell, Hold?

Used car retailer CarMax (KMX) topped the consensus earnings estimates in its most recent quarter. However, it reported declining vehicle sales. The stock has plunged more than 25% this year. So, should you buy, sell, or hold the stock now? Read on to find out….

StockNews.com

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Benzinga

Analysts Hailed CarMax's Q1 Performance While Highlighting Concerns

Analysts lauded CarMax Inc's (NYSE:KMX) Q1 beat while also pointing out the macro concerns. RBC Capital analyst Steven Shemesh maintained CarMax with an Outperform and raised the price target from $104 to $108 in a note titled, "F1Q'23 Follow-Up – Navigating Volatility Well." KMX's results were broadly in line with expectations, Shemesh noted. He expected the inflationary…

Benzinga

Where CarMax Stands With Analysts

Within the last quarter, CarMax (NYSE:KMX) has observed the following analyst ratings:

Benzinga

U.S. Stocks Open Higher; CarMax Posts Upbeat Earnings

U.S. stocks traded higher this morning, with the Dow Jones gaining more than 500 points on Friday.

Benzinga

CarMax Q1 Earnings Top Estimates

CarMax Inc (NYSE:KMX) reported first-quarter FY23 sales growth of 21% year-on-year to $9.31 billion, beating the consensus of $9.12 billion. The company sold 427,257 units through combined retail and wholesale channels, a decrease of 5.5% Y/Y. KMX cited several macroeconomic factors that weighed on Q1 unit sales performance, including the lapping of stimulus…

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Benzinga

Recap: CarMax Q1 Earnings

CarMax (NYSE:KMX) reported its Q1 earnings results on Friday, June 24, 2022 at 06:50 AM. Here's what investors need to know about the announcement. Earnings CarMax beat estimated earnings by 4.7%, reporting an EPS of $1.56 versus an estimate of $1.49.

Investors Business Daily

CarMax Stock Jumps As KMX Earnings Top With Used Car Prices Spiking 28%

CarMax earnings fell sharply but topped Q1 views amid strong used-car pricing. CarMax stock jumped.

Benzinga

Earnings Outlook For CarMax

CarMax (NYSE:KMX) is set to give its latest quarterly earnings report on Friday, 2022-06-24. Here's what investors need to know before the announcement. Analysts estimate that CarMax will report an earnings per share (EPS) of $1.58.

Benzinga

6 Analysts Have This to Say About CarMax

Within the last quarter, CarMax (NYSE:KMX) has observed the following analyst ratings:

Investors Business Daily

3 Top S&P 500 Stock Market Gainers Today

Epam Systems and other beaten-down stocks led S&P 500 winners on Monday as the major indexes rebounded.

Benzinga

Analyst Ratings for CarMax

Over the past 3 months, 5 analysts have published their opinion on CarMax (NYSE:KMX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 2, 2022

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