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CarMax (NYSE: KMX) announces its next round of earnings this Thursday, September 24. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.
Earnings and Revenue
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CarMax EPS will likely be near $1.05 while revenue will be around $5.18 billion, according to analysts. CarMax EPS in the same period a year ago totaled $1.4. Sales were $5.20 billion. If the company were to match the consensus estimate when it reports Thursday, earnings per share would be down 25.0%. CarMax's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.04 | 1.12 | 1.15 | 1.33 |
| EPS Actual | -0.15 | 1.30 | 1.04 | 1.40 |
| Revenue Estimate | 2.71 B | 4.67 B | 4.67 B | 5.06 B |
| Revenue Actual | 3.23 B | 4.96 B | 4.79 B | 5.20 B |
Stock Performance
Over the last 52-week period, shares are up 25.51%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. CarMax is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Finvestors.carmax.com%2Fnews-releases%2Fcalendar-of-events%2Fevent-details%2F2020%2FSecond-fiscal-quarter-ending-August-31-2020%2Fdefault.aspx&eventid=2405903&sessionid=1&key=FB7D52FC5DF0AC2C99E17A0680F6728C®Tag=&sourcepage=register
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.