CarMax (KMX) Lags Q2 Earnings Estimates

CarMax (KMX) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -1.16%. A quarter ago, it was expected that this used car dealership chain would post earnings of $0.99 per share when it actually produced earnings of $0.97, delivering a surprise of -2.02%. Over the last four quarters, the ...