CarMax, Inc., together with its associated entities, functions as a prominent purveyor of previously owned automobiles across the United States. Its business operations are strategically structured into two principal divisions: CarMax Sales Operations and CarMax Auto Finance. Through its retail offerings, the company provides an extensive selection of pre-owned vehicles, including various domestic, imported, and luxury models, in addition to hybrid and electric options. Customers also have the opportunity to purchase extended protection plans at the time of their vehicle acquisition. Separately, CarMax sells older, higher-mileage vehicles—typically around ten years old with over 100,000 miles—via wholesale auctions. Furthermore, CarMax delivers reconditioning and repair services for its vehicles. For its retail clients, the company facilitates a range of financing alternatives designed to accommodate diverse credit profiles, managed both by its internal CarMax Auto Finance segment and through arrangements with various external financial institutions. As of February 28, 2022, CarMax operated a network comprising approximately 230 retail locations specializing in used cars. Founded in 1993, CarMax, Inc. maintains its corporate headquarters in Richmond, Virginia.

Shinder Marcella

Chawla Sona

ONeil Mark F

Barr Keith

Bensen Peter J

STEENROD MITCHELL D

CarMax (KMX), a used car dealership chain, has demonstrated a consistent pattern of beating earnings estimates with an average surprise of 46.95% over the past two quarters. The company currently holds a Zacks Rank #2 (Buy) rating with a positive Earnings ESP of +18.39%, suggesting analysts expect another earnings beat in the upcoming quarterly report.

Will CarMax (KMX) Beat Estimates Again in Its Next Earnings Report?

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CarMax Inc (KMX) Stock Price, Analysis & Trade Signals