CarMax (KMX) Reports In-Line Q2 EPS, Beats on Revenue
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September 27, 2024 6:21 AM EDT
RBC Capital analyst Steven Shemesh raised the price target on CarMax (NYSE: KMX) to $82.00 (from $75.00) while maintaining a Outperform rating.
The analyst comments "KMX posted mixed F2Q results. On a positive note, comp retail units increased +4.3% with momentum carrying into F3Q,... More
September 27, 2024 5:55 AM EDT
Evercore ISI analyst Michael Montani raised the price target on CarMax (NYSE: KMX) to $79.00 (from $76.00) while maintaining a In Line rating.
The analyst comments "CarMax F2Q results provided a tantalizing glimpse of stabilizing share and retail profit growth, with higher loan losses and a choppy low to middle income consumer backdrop the risk. 5% retail... More
September 26, 2024 6:59 AM EDT
Shares in CarMax (NYSE: KMX) rose more than 2% in premarket trading Thursday after the used vehicle retailer reported better-than-expected revenue for the fiscal Q2 2025.
The company posted quarterly earnings per share (EPS) of $0.85, matching analyst expectations. Net sales and operating revenue rose to $7.01 billion,... More
