CarMax (KMX) Lags Q1 Earnings and Revenue Estimates

CarMax (KMX) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for nonrecurring items. CarMax, which belongs to the Zacks Automotive - Retail and Wholesale - Parts industry, posted revenues of $7.11 billion for the quarter ended May 2024, missing the Zacks Consensus Estimate by 1.14%. This compares to year-ago revenues of $7.69 billion. The company has topped consen ...