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The Latest Breaking News from Carmax

Carmax Sold Over Half Its Tesla Inventory In 24 Hours

When Tesla dropped its prices last year, used Tesla prices began to drop notably. After the more recent price drop, pre-owned prices plummeted and sales soared.

InsideEVs

Benzinga's Top Ratings Upgrades, Downgrades For October 3, 2022

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Benzinga

Worthington Industries, CarMax And Other Big Losers From Thursday

U.S. stocks closed lower with the Nasdaq Composite dropping more than 300 points on Thursday. Here is the list of some big stocks recording losses in the previous session.

Benzinga

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Exclusive: Chamillionaire Talks CarMax Partnership, The Enduring Success Of Ridin'

Chamillionaire has been turning up in a nationwide campaign with CarMax Inc (NYSE: KMX).

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 9, 2022

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Benzinga

UnitedHealth Group And 3 Other Stocks Insiders Are Selling

U.S. stock futures are trading higher this morning ahead of earnings results from Tesla, Inc. (NASDAQ: TSLA). Investors, meanwhile, focused on some notable insider trades.

Benzinga

CarMax Reports Strong Earnings – Buy, Sell, Hold?

Used car retailer CarMax (KMX) topped the consensus earnings estimates in its most recent quarter. However, it reported declining vehicle sales. The stock has plunged more than 25% this year. So, should you buy, sell, or hold the stock now? Read on to find out….

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Analysts Hailed CarMax's Q1 Performance While Highlighting Concerns

Analysts lauded CarMax Inc's (NYSE:KMX) Q1 beat while also pointing out the macro concerns. RBC Capital analyst Steven Shemesh maintained CarMax with an Outperform and raised the price target from $104 to $108 in a note titled, "F1Q'23 Follow-Up – Navigating Volatility Well." KMX's results were broadly in line with expectations, Shemesh noted. He expected the inflationary…

Benzinga

Where CarMax Stands With Analysts

Within the last quarter, CarMax (NYSE:KMX) has observed the following analyst ratings:

Benzinga

U.S. Stocks Open Higher; CarMax Posts Upbeat Earnings

U.S. stocks traded higher this morning, with the Dow Jones gaining more than 500 points on Friday.

Benzinga

CarMax Q1 Earnings Top Estimates

CarMax Inc (NYSE:KMX) reported first-quarter FY23 sales growth of 21% year-on-year to $9.31 billion, beating the consensus of $9.12 billion. The company sold 427,257 units through combined retail and wholesale channels, a decrease of 5.5% Y/Y. KMX cited several macroeconomic factors that weighed on Q1 unit sales performance, including the lapping of stimulus…

Benzinga

Recap: CarMax Q1 Earnings

CarMax (NYSE:KMX) reported its Q1 earnings results on Friday, June 24, 2022 at 06:50 AM. Here's what investors need to know about the announcement. Earnings CarMax beat estimated earnings by 4.7%, reporting an EPS of $1.56 versus an estimate of $1.49.

Benzinga

Earnings Outlook For CarMax

CarMax (NYSE:KMX) is set to give its latest quarterly earnings report on Friday, 2022-06-24. Here's what investors need to know before the announcement. Analysts estimate that CarMax will report an earnings per share (EPS) of $1.58.

Benzinga

6 Analysts Have This to Say About CarMax

Within the last quarter, CarMax (NYSE:KMX) has observed the following analyst ratings:

Benzinga

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Benzinga

Analyst Ratings for CarMax

Over the past 3 months, 5 analysts have published their opinion on CarMax (NYSE:KMX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 2, 2022

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Benzinga

Where CarMax Stands With Analysts

Analysts have provided the following ratings for CarMax (NYSE:KMX) within the last quarter:

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 13, 2022

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CarMax Shares Slide As Q4 EPS Miss Consensus; Boosts Long-Term Targets

CarMax Inc (NYSE:KMX) reported fourth-quarter 2022 net revenues growth of 48.8% year-on-year to $7.69 billion, beating the consensus of $7.50 billion. The company sold 343,413 units through retail and wholesale channels, up 11.3% Y/Y. Retail used unit sales decreased 5.2%, while wholesale units increased 43.8%. CarMax bought about 324,000 vehicles from consumers in…

Benzinga

Why CarMax Shares Are Trading Lower

CarMax Inc (NYSE: KMX) shares are trading lower Tuesday morning after the company reported worse-than-expected earnings results.

Benzinga

Earnings Outlook For CarMax

CarMax (NYSE:KMX) is set to give its latest quarterly earnings report on Tuesday, 2022-04-12. Here's what investors need to know before the announcement. Analysts estimate that CarMax will report an earnings per share (EPS) of $1.27.

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