CarMax Reports Third Quarter Results

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Go back to CarMax Reports Third Quarter Results

CarMax (KMX) Defended at RBC Capital

December 20, 2019 9:47 AM EST

RBC Capital analyst Scot Ciccarelli came out to defend CarMax (NYSE: KMX) amid the drop in the stock. The analyst said they would be "aggressive buyers" on the pullback.

To wit: "There was some for both bulls and bears in... More

CarMax (KMX) Misses Q3 EPS by 12c, Revenue Beats

December 20, 2019 6:51 AM EST

CarMax (NYSE: KMX) reported Q3 EPS of $1.04, $0.12 worse than the analyst estimate of $1.16. Revenue for the quarter came in at $4.79 billion versus the consensus estimate of $4.68 billion.

CEO Commentary:

We are pleased with our strong unit sales growth this quarter, said Bill Nash, president and chief executive officer. Our retail... More