CarMax KMX announces its next round of earnings this Friday, June 21. Here is Benzinga's everything-that-matters guide for Friday's Q1 earnings announcement.
Earnings and Revenue
CarMax EPS will likely be near $1.47 while revenue will be around $5.12 billion, according to analysts.
In the same quarter last year, CarMax reported earnings per share of $1.33 on revenue of $4.79 billion. Sales would be have grown 6.82 percent from the same quarter last year. Here's how the CarMax's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q4 2019 | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
| EPS Estimate | 1.06 | 1 | 1.21 | 1.24 | 0.87 |
| EPS Actual | 1.13 | 1.09 | 1.24 | 1.33 | 0.88 |
Stock Performance
Shares of CarMax were trading at $83.49 as of June 19. Over the last 52-week period, shares are up 14.76 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. Analysts seem to have settled on a Neutral rating with CarMax. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. CarMax is scheduled to hold the call at 9:00 a.m. ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
