Mid-Morning Market Update: Markets Edge Higher; CarMax Profit Tops Estimates
Following the market opening Wednesday, the Dow traded up 0.11% to 35,530.68 while the NASDAQ rose 0.02% to 15,344.33. The S&P also rose, gaining 0.13% to 4,655.40.
Recap: CarMax Q3 Earnings
CarMax (NYSE:KMX) reported its Q3 earnings results on Wednesday, December 22, 2021 at 06:50 AM.
Here's what investors need to know about the announcement.
CarMax Stock Gains After Q3 Earnings Beat
CarMax Inc (NYSE:KMX) reported third-quarter FY21 sales growth of 64.5% year-on-year, to $8.53 billion, beating the analyst consensus of $7.53 billion.…
CarMax Q3 EPS $1.63 Beats $1.44 Estimate, Sales $8.50B Beat $7.53B Estimate
CarMax (NYSE:KMX) reported quarterly earnings of $1.63 per share which beat the analyst consensus estimate of $1.44 by 13.19 percent. This is a 14.79 percent increase over earnings of $1.42 per share from the same period
5 Stocks To Watch For December 22, 2021
Some of the stocks that may grab investor focus today are:
Wall Street expects CarMax, Inc. (NYSE: KMX) to report quarterly earnings at $1.44 per share on revenue of $7.53 billion before the opening bell. CarMax shares gained 1.3% to $138.75 in after-hours trading.
Earnings Scheduled For December 22, 2021
Companies Reporting Before The Bell
• CarMax (NYSE:KMX) is likely to report quarterly earnings at $1.44 per share on revenue of $7.46 billion.
Earnings Outlook For CarMax
CarMax (NYSE:KMX) is set to give its latest quarterly earnings report on Wednesday, 2021-12-22. Here's what investors need to know before the announcement.
Analysts estimate that CarMax will likely report an Earnings Per Share (EPS) of $1.44.
5 Companies That Could Beat Earnings Estimates This Week: Rite Aid, BlackBerry And More
The shortened holiday week will see less public offerings and earnings from public companies. The week can still bring plenty of trading opportunities with headlines and catalysts. Several public companies are still reporting earnings this week, which could be worth putting on investors’ radar.
CarMax’s Debt Overview
Over the past three months, shares of CarMax (NYSE:KMX) increased by 0.31%. Before we understand the importance of debt, let us look at how much debt CarMax has.