CarMax (KMX) Stock Price is Down After Reporting Q2 Results, Here's Why
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CarMax (KMX) Stock Continues to Slide on Guggenheim Downgrade to Neutral, Other Analysts More Positive as Supply Chain Issues Seen as Transitory
October 1, 2021 10:44 AM EDTShares of CarMax (NYSE: KMX) are down over 3% in todays trading session after the company missed the Q2 EPS consensus estimates.
EPS came in at $1.72 to miss on the Street estimate of $1.90. Revenue came in at $8 billion to beat the $6.9 billion consensus.
Guggenheim analyst Ali-Ahmad Faghri downgraded CarMax to Neutral from Buy to send shares further lower today.
Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and a $165.00... More
