CarMax (KMX) Misses Q3 EPS by 49c, Misses on Revenue

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CarMax (KMX) misses big on earnings, pauses stock buyback, shares plunge

December 22, 2022 7:47 AM EST

Shares of CarMax (NYSE: KMX) are moving sharply lower in early Thursday trading, down over 12%, after the company posted a major Q4 miss.

The used vehicle retailer reported EPS of $0.24, far below the analyst estimate of $0.73. Revenue for the quarter stood at $6.5 billion,... More