CarMax Plunges After Q3 Earnings Miss, Pause In Share Buybacks
CarMax Inc (NYSE: KMX) reported a third-quarter FY23 sales decline of 23.8% year-on-year to $6.5 billion Thursday, missing the analyst consensus estimate of $7.42 billion.
Earnings Scheduled For December 22, 2022
Companies Reporting Before The Bell
• Optical Cable (NASDAQ:OCC) is projected to report earnings for its fourth quarter.
• Senstar Tech (NASDAQ:SNT) is estimated to report earnings for its third quarter.
CarMax Q3 EPS $0.24 Misses $0.72 Estimate, Sales $6.50B Miss $7.42B Estimate
CarMax (NYSE:KMX) reported quarterly earnings of $0.24 per share which missed the analyst consensus estimate of $0.72 by 66.67 percent. This is a 84.31 percent decrease over earnings of $1.53 per share from the same
CarMax, Micron And 3 Stocks To Watch Heading Into Thursday
With US stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
CNN Fear & Greed Index Remains In ‘Fear’ Zone Despite Dow Jumping Over 500 Points
The CNN Money Fear and Greed index remained in the "Fear" zone despite US stocks rising for a second session.
10 Consumer Discretionary Stocks Whale Activity In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
JP Morgan Maintains Neutral on CarMax, Lowers Price Target to $60
JP Morgan analyst Rajat Gupta maintains CarMax (NYSE:KMX) with a Neutral and lowers the price target from $70 to $60.
Used Car Prices Down 15% Over 9 Months, Sign Of Inflation Coming Down?
Consumers looking to purchase a used vehicle in the fourth quarter of this year from used car marketplaces like Carvana Co (NYSE: CVNA) and Ca
