CarMax (KMX) Scheduled to Post Quarterly Earnings on Friday
CarMax (NYSE:KMX) will post its Q115 quarterly earnings results on Friday, June 20th. Analysts expect CarMax to post earnings of $0.67 per share and revenue of $3.60 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
CarMax (NYSE:KMX) last issued its quarterly earnings data on Friday, April 4th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by $0.01. The company had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. On average, analysts expect CarMax to post $2.45 EPS for the current fiscal year and $2.71 EPS for the next fiscal year.
Shares of CarMax (NYSE:KMX) opened at 44.95 on Thursday. CarMax has a one year low of $42.21 and a one year high of $53.08. The stock has a 50-day moving average of $44.78 and a 200-day moving average of $46.41. The company has a market cap of $9.925 billion and a P/E ratio of 20.50.
A number of research firms have recently commented on KMX. Analysts at Zacks reiterated a “neutral” rating on shares of CarMax in a research note on Friday, May 9th. They now have a $47.00 price target on the stock. On the ratings front, analysts at Oppenheimer cut their price target on shares of CarMax from $55.00 to $51.00 in a research note on Thursday, May 8th. They now have an “outperform” rating on the stock. Finally, analysts at RBC Capital cut their price target on shares of CarMax from $52.00 to $50.00 in a research note on Monday, April 7th. They now have a “sector perform” rating on the stock. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $51.00.
CarMax, Inc (NYSE:KMX) is a holding company and its operations are conducted through its subsidiaries.
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