The Latest Breaking News from Carmax

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

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.

The market rally continues to struggle amid hot inflation. Delta earnings fueled travel stocks. Tesla CEO Elon Musk offered to buy Twitter.

Analysts have provided the following ratings for CarMax (NYSE:KMX) within the last quarter:

Upgrades

The Nasdaq composite led with a 2% jump around 10 a.m. ET, although it remains below its 50-day moving average.

CarMax Inc (NYSE:KMX) reported fourth-quarter 2022 net revenues growth of 48.8% year-on-year to $7.69 billion, beating the consensus of $7.50 billion. The company sold 343,413 units through retail and wholesale channels, up 11.3% Y/Y. Retail used unit sales decreased 5.2%, while wholesale units increased 43.8%. CarMax bought about 324,000 vehicles from consumers in…

CarMax Inc (NYSE: KMX) shares are trading lower Tuesday morning after the company reported worse-than-expected earnings results. 

CarMax (NYSE:KMX) is set to give its latest quarterly earnings report on Tuesday, 2022-04-12. Here's what investors need to know before the announcement. Analysts estimate that CarMax will report an earnings per share (EPS) of $1.27.