December 19, 2024
For the quarter ended November 2024, CarMax (KMX) reported revenue of $6.22 billion, up 1.2% over the same period last year. EPS came in at $0.81, compared to $0.52 in the year-ago quarter.
The reported revenue represents a surprise of +3.89% over the Zacks Consensus Estimate of $5.99 billion. With the consensus EPS estimate being $0.62, the EPS surprise was +30.65%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how CarMax performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for CarMax here>>>
Shares of CarMax have returned +6.2% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
CarMax, Inc. (KMX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research