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CarMax Likely To Report Lower Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

CarMax, Inc. (NYSE:KMX) will release earnings results for its first quarter, before the opening bell on Friday. Analysts expect the Richmond, Virginia-based company to report quarterly earnings at 94 cents per share, down from $1.16 per share in the year-ago period. CarMax is projected to post quarterly revenue of $7.21 billion, according to data from Benzinga Pro. On April 11, CarMax reported a fourth-quarter FY24 sales decline of 1.7% year-on-year to $5.63 billion, missing the analyst consensus estimate of $5.79 billion. CarMax shares fell 0.2% to close at $71.36 on Tuesday. Benzinga readers can access the latest analyst ratings ...