Categories AlphaGraphs, Earnings, Retail

CarMax reports earnings above estimates in Q3

Carmax (NYSE: KMX) reported third-quarter 2021 financial results before the regular market hours on Tuesday. The software company reported Q3 revenue of $5.18 billion, up 8% year-over-year, and higher than the Wall Street projection. Net income of $1.42 per share was also higher than what analysts had anticipated.

KMX stock fell 1.9% immediately following the announcement. The stock has gained 12% since the beginning of this year.

CarMax Q3 2021 earnings

Looking forward to listening to management/analyst comments on the results? Stay tuned here for CarMax Q3 2021 earnings call transcript

CEO Bill Nash said, “Despite the near-term market challenges due to the trajectory of the pandemic, our fundamentals remain robust and reflect the strength of our diversified business model spanning retail, wholesale, and auto finance.” 

Prior performance

Most Popular

Earnings calendar for the week of January 18

While the markets got a boost a couple of weeks ago after Congress passed the new stimulus bill, investors seem to have adopted a cautious stance as details of the

DAL Earnings: All you need to know about Delta Air Lines Q4 2020 earnings results

Delta Air Lines (NYSE: DAL) reported fourth quarter 2020 earnings results today. Operating revenues fell 65% year-over-year to $4 billion. The company reported a GAAP net loss of $755 million,

Aphria Inc. (APHA) reports Q2 2021 Earnings

Aphria Inc. (NYSE: APHA) reported second-quarter 2021 earnings results on Thursday. Revenues were C$160.5 million, an increase of 33% compared to the previous year. On an adjusted basis, the company reported earnings

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top