Form 8-K CARMAX INC For: Jun 23

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Go back to Form 8-K CARMAX INC For: Jun 23

CarMax (KMX) PT Raised to $80 at CFRA

June 23, 2023 9:20 AM EDT

CFRA analyst Garrett Nelson raised the price target on CarMax (NYSE: KMX) to $80.00 (from $70.00) while maintaining a Hold rating.

The analyst commented, "While KMX exceeded low investor expectations, we think pricing and volume trends are likely to remain difficult under a "higher... More

CarMax (KMX) jumps on earnings, revenue beat

June 23, 2023 7:59 AM EDT

CarMax (NYSE: KMX) shares are trading around 6% higher premarket on the back of its first-quarter earnings and revenue beat.

The used car retailer reported Q1 EPS of $1.44, compared to the analyst consensus estimate of $0.79. However, the quarter included a $0.28 benefit in connection... More