Top Wall Street Forecasters Revamp CarMax Expectations Ahead Of Q1 Earnings

CarMax, Inc. KMX will release its first-quarter financial results before the opening bell on Friday, June 20.Analysts expect the Richmond, Virginia-based company to report quarterly earnings at $1.17 per share, up from 97 cents per share in the year-ago period. CarMax projects quarterly revenue of $7.53 billion, compared to $7.11 billion a year earlier, according to data from Benzinga Pro.On April 10, CarMax posted weaker-than-expected earnings for the fourth quarter.CarMax shares fell 2.2% to close at $64. ...