CarMax Reports Fourth Quarter and Fiscal Year 2022 Results
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CarMax (KMX) Shares Fall as EPS Misses on Macro Issues, Co. Raises Long-Term Targets
April 12, 2022 7:14 AM EDTCarMax (NYSE: KMX) shares fell 5% in pre-open trading Tuesday following disappointing earnings, a possible warning sign for the used car boom. The company, however, raised long-term targets.
The company posted fourth-quarter earnings of $0.98 per share, $0.35 worse than the analyst estimate of $1.33. Revenue for the quarter rose 49% to $7.7 billion... More
Carvana (CVNA) Trades Lower in Sympathy with CarMax (KMX) Following CarMax Results
April 12, 2022 6:55 AM EDTCarvana (NYSE: CVNA) Trades Lower in Sympathy with CarMax (NYSE: KMX) Following CarMax Results
CarMax -7.7%CVNA -.3%... MoreCarMax (KMX) Misses Q4 EPS by 35c
April 12, 2022 6:51 AM EDTCarMax (NYSE: KMX) reported Q4 EPS of $0.98, $0.35 worse than the analyst estimate of $1.33. Revenue for the quarter came in at $7.7 billion versus the consensus estimate of $7.67 billion.
Long-Term Targets:
In May 2021, we introduced 5-year financial targets, including: (i) selling 2 million... More
