CarMax Reports Second Quarter Results
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Wedbush Reiterates Neutral Rating on CarMax (KMX)
September 25, 2019 7:00 AM EDTWedbush analyst Seth Basham reiterated a Neutral rating and $80.00 price target on CarMax (NYSE: KMX) following the company's 2Q earnings report. Results were about in line with recently-reduced comp expectations and beat on EPS.
Basham notes that deferred sales due to... More
CarMax (KMX) Tops Q2 EPS by 7c
September 24, 2019 6:51 AM EDTCarMax (NYSE: KMX) reported Q2 EPS of $1.40, $0.07 better than the analyst estimate of $1.33. Revenue for the quarter came in at $5.2 billion versus the consensus estimate of $5.06 billion.
CEO Commentary:
CarMax posted solid second quarter results, and our double-digit increase in earnings per... More
