CarMax

CarMax's (KMX) Q3 Earnings Beat Estimates, Revenues Miss

CarMax Inc. KMX posted earnings per share of $1.09 in the third quarter of fiscal 2019 (ended Nov 30, 2018), up 34.6% from 81 cents in the year-ago quarter. Moreover, earnings surpassed the Zacks Consensus Estimate of $1.01.

Net sales and operating revenues in the reported quarter increased 4.6% year over year to $4.3 billion. However, the figure missed the Zacks Consensus Estimate of $4.33 billion. Total gross profit rose 5.6% year over year to $569.2 million.

During the quarter under review, used-vehicle revenues rose 3.6% to $3.5 billion as unit sales increased 2.3% to 173,476 vehicles. The average selling price of used vehicles rose 1.3% to $27,273. Comparable store used-vehicle unit sales declined 1.2%. The downside was primarily caused by lower store traffic, partially offset by improved conversion.

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https://finance.yahoo.com/news/carmaxs-k...03035.html

KMX + 3,95%

CarMax stock price target cut to $60 from $70 at Wedbush

und bingo bongo, abwärts...-4% heute bei einem starken marktumfeld...

Shares Rise After CarMax’s 4th-Quarter Results Impress

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Earnings highlights

The company's fourth-quarter earnings grew a mammoth 68.7% to $1.13 per share. Revenue was $4.32 billion, missing the Zacks Consensus Estimate of $4.39 billion. The gross profit amounted to $599.4 million, up 11.7

Sales of used vehicles climbed 5.8% year over year to $3.6 billion, while volume sales jumped 5.6% to 180,207 units. Comparable store used-vehicle unit sales increased 2.8% from the prior-year quarter. Wholesale unit sales rose 3.7% owing to growth in its store base.

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https://www.gurufocus.com/news/839622/sh...ts-impress

Und ich dachte immer der heisst Karl Marx

wäre mal ein marketing gag, in den usa wohl aber weniger...

CarMax (KMX) Q2 Earnings Beat on Used-Vehicle Unit Strength

CarMax Inc. KMX reported better-than expected results in second-quarter fiscal 2020 (ended Aug 31, 2019), wherein earnings and revenues surpassed estimates. The specialty retailer of used and new vehicles posted net earnings per share of $1.40, beating the Zacks Consensus Estimate of $1.33. The bottom line also compared favorably with a profit of $1.24 per share reported in the year-ago quarter.

Notably, higher-than-expected revenues across all its segments led to the outperformance. Precisely, sales in the used-vehicle segment — which contribute to bulk of CarMax’s revenues — came in at $4,346.3 million, surpassing the consensus estimate of $4,300 million. Wholesale vehicle revenues of $678.3 million also surpassed the consensus mark of $634 million.

Net sales and operating revenues in the reported quarter increased 9.1% year over year to $5,201 million. The top line beat the Zacks Consensus Estimate of $5,026 million.


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https://finance.yahoo.com/news/carmax-km...03534.html

CarMax (KMX) Q1 Earnings & Sales Top Estimates, Down Y/Y

CarMax Inc. KMX posted first-quarter fiscal 2021 (ended May 31, 2020) net earnings per share of 3 cents against the Zacks Consensus Estimate of a loss of 6 cents. The outperformance can be attributed to higher-than-expected revenues from used vehicles. Precisely, used-vehicle sales totaled $2786.2 million, surpassing the consensus mark of $1,281 million. A profit of $1.59 per share was reported in the year-ago quarter.

Net sales in the reported quarter decreased 39.8% year over year to $3,228.8 million. The top line, however, beat the Zacks Consensus Estimate of $2,607 million. Total gross profit slid 52.3% year over year to $354.2 million.


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https://finance.yahoo.com/news/carmax-km...01391.html

CarMax (KMX) Q1 Earnings & Sales Top Estimates, Down Y/Y

CarMax Inc. KMX posted first-quarter fiscal 2021 (ended May 31, 2020) net earnings per share of 3 cents against the Zacks Consensus Estimate of a loss of 6 cents. The outperformance can be attributed to higher-than-expected revenues from used vehicles. Precisely, used-vehicle sales totaled $2786.2 million, surpassing the consensus mark of $1,281 million. A profit of $1.59 per share was reported in the year-ago quarter.

Net sales in the reported quarter decreased 39.8% year over year to $3,228.8 million. The top line, however, beat the Zacks Consensus Estimate of $2,607 million. Total gross profit slid 52.3% year over year to $354.2 million.


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https://finance.yahoo.com/news/carmax-km...01391.html

CarMax (ticker: KMX) climbed 1% after reporting a 27% jump in earnings for its second quarter. Demand for used cars has soared during the pandemic.

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