CarMax: Q4 Earnings Insights


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.


 

Shares of CarMax (NYSE:KMX) rose 0.6% in pre-market trading after the company reported Q4 results.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Quarterly Results

Earnings per share fell 2.31% year over year to $1.27, which beat the estimate of $1.26.

Revenue of $5,164,000,000 up by 4.07% year over year, which missed the estimate of $5,170,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

CarMax hasn't issued any revenue guidance for the time being.


FREE REPORT: How To Learn Options Trading Fast

In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, ​a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.


Details Of The Call

Date: Apr 01, 2021

Time: 09:00 AM

ET Webcast URL: http://investors.carmax.com/news-releases/calendar-of-events/default.aspx

Price Action

52-week high: $136.54

52-week low: $47.06

Price action over last quarter: Up 43.08%

Company Overview

CarMax sells, finances, and services used and new cars through a chain of 220 used retail stores plus two new vehicle stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales account for about 85% of revenue, wholesale about 12%, and the remaining portion is composed of extended service plans and repair. In fiscal 2020, the company retailed and wholesaled 832,640 and 466,177 used vehicles, respectively.


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.


Posted In: EarningsNewsBZI-Recaps