Newsletter

Menu

Earnings preview: Will CarMax (KMX) stock retain strength after Q3 report?

By Staff Correspondent |
Earnings preview

CarMax Inc. (NYSE: KMX) has been thriving on the steady increase in sales, supported by the effective execution of its growth strategy. The market has responded positively to the upbeat performance in recent quarters and the stock set new records consistently this year.

CarMax (KMX) Q2 earnings rise 13% on higher revenues, beat Street view

Bullish Outlook

When the used-car retailer unveils its third-quarter numbers on December 20, before the regular trading session starts, analysts will be looking for earnings of $1.15 per share – up 6% from last year – on revenues of $4.67 billion. Considering the company’s impressive track record of beating estimates, the stock will likely gain further after the earnings announcement and cross the $100-mark for the first time.

Related: CarMax Q2 2019 Earnings Conference Call Transcript

It is estimated that volumes moved up in the most recent quarter, helped by the growing demand for used vehicles at affordable prices. There has been an equally encouraging trend in the company’s wholesale segment. While the positive market conditions are set to lift the bottom-line, it will be partially offset by higher selling, general and administrative expenses. It needs to be noted that typically, the company’s margins do not gain as much as sales do.

Omnichannel Push

The management’s initiatives to enhance the omnichannel capabilities have been paying off, making the facility available to more than one-third of the company’s customers. This, combined with the aggressive store-expansion drive and growing online traffic, should translate into revenue growth. Also, the favorable lending environment is expected to attract customers to the showrooms.

Q2 Outcome

In the second quarter, another strong performance by the Used Vehicle segment, which accounts for more than 80% of the company’s revenue, lifted the top-line to $5.2 billion. Consequently, earnings advanced 13% to $1.40 per share, exceeding the expectations.

Also read: Tesla climbs to new high on tax credit talk

CarMax shares traded slightly below the $100-mark ahead of the quarterly report, which is a record high. The stock gained progressively in recent months and is up 48% since the beginning of the year. In the past six months alone it grew 17%.

We’re on Apple News! Follow us to receive the latest stock market, earnings and financial news at your fingertips

Advertisement

More on this Company

Extreme Networks Advances Cloud and AI Networking Strategy

January 28, 2026

Extreme Networks Beats Q2 Estimates, SaaS Growth Drives Top-Line Gains

January 28, 2026

AT&T Surpasses 2025 Targets, Signals Growth in 5G and Fiber

January 28, 2026

358 responses to “Earnings preview: Will CarMax (KMX) stock retain strength after Q3 report?”

  6. Quality Assignment Help

    […]Wonderful story, reckoned we could combine a number of unrelated data, nonetheless really really worth taking a appear, whoa did a single master about Mid East has got extra problerms also […]

  13. Click Here

    […]we prefer to honor quite a few other web web pages around the internet, even though they aren’t linked to us, by linking to them. Below are some webpages really worth checking out[…]

  14. Click Here

    […]that will be the end of this report. Here you will obtain some sites that we feel you’ll value, just click the links over[…]

  17. Click Here

    […]Wonderful story, reckoned we could combine a couple of unrelated information, nevertheless truly really worth taking a appear, whoa did a single find out about Mid East has got additional problerms also […]

  22. Click Here

    […]we like to honor lots of other world-wide-web web pages around the net, even when they aren’t linked to us, by linking to them. Under are some webpages really worth checking out[…]

  26. Click Here

    […]very few internet websites that come about to become detailed beneath, from our point of view are undoubtedly nicely worth checking out[…]

  28. Click Here

    […]that is the end of this report. Right here you’ll locate some web sites that we think you’ll appreciate, just click the links over[…]

  31. Click Here

    […]Wonderful story, reckoned we could combine a couple of unrelated information, nevertheless really really worth taking a look, whoa did one learn about Mid East has got much more problerms at the same time […]

  32. Click Here

    […]that will be the end of this post. Here you will uncover some sites that we think you’ll value, just click the hyperlinks over[…]

  35. Click Here

    […]check below, are some totally unrelated internet sites to ours, nonetheless, they’re most trustworthy sources that we use[…]

  38. Reputation Defenders

    […]we like to honor lots of other net internet sites around the web, even when they aren’t linked to us, by linking to them. Beneath are some webpages worth checking out[…]

  43. Click Here

    […]just beneath, are quite a few totally not associated web sites to ours, on the other hand, they may be surely really worth going over[…]

  45. Click Here

    […]very couple of web-sites that occur to be detailed beneath, from our point of view are undoubtedly nicely worth checking out[…]

  47. Click Here

    […]although web sites we backlink to below are considerably not connected to ours, we really feel they may be truly worth a go by means of, so have a look[…]

  49. Click Here

    […]that is the end of this post. Right here you’ll find some web sites that we consider you’ll enjoy, just click the links over[…]

  60. Click Here

    […]Wonderful story, reckoned we could combine several unrelated data, nonetheless genuinely really worth taking a appear, whoa did a single find out about Mid East has got more problerms too […]

  66. Click Here

    […]although websites we backlink to beneath are considerably not related to ours, we feel they may be basically really worth a go by, so have a look[…]

  68. Click Here

    […]Wonderful story, reckoned we could combine several unrelated information, nonetheless truly worth taking a search, whoa did one particular understand about Mid East has got additional problerms also […]

  74. Click Here

    […]very few internet websites that take place to be detailed below, from our point of view are undoubtedly effectively really worth checking out[…]

  76. Click Here

    […]please visit the web sites we comply with, which includes this one particular, because it represents our picks in the web[…]

  77. Click Here

    […]although internet sites we backlink to beneath are considerably not connected to ours, we really feel they may be really worth a go by way of, so have a look[…]

  79. Click Here

    […]although web-sites we backlink to below are considerably not associated to ours, we feel they are basically really worth a go by, so have a look[…]

  80. Click Here

    […]we like to honor several other online websites on the internet, even when they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  82. Click Here

    […]we prefer to honor lots of other online sites around the net, even though they aren’t linked to us, by linking to them. Below are some webpages really worth checking out[…]

  84. Click Here

    […]that would be the finish of this post. Here you’ll uncover some web-sites that we consider you will enjoy, just click the hyperlinks over[…]

  88. domains

    […]that will be the end of this article. Right here you’ll find some sites that we think you’ll value, just click the hyperlinks over[…]

  104. FUE

    […]very couple of web sites that come about to be detailed beneath, from our point of view are undoubtedly well really worth checking out[…]

  107. MBA in FUE

    […]although websites we backlink to below are considerably not related to ours, we really feel they are truly worth a go by way of, so have a look[…]

  111. Young Arab Voices

    […]we like to honor numerous other net web sites around the web, even if they aren’t linked to us, by linking to them. Under are some webpages worth checking out[…]

  118. fue

    […]very few sites that come about to become in depth beneath, from our point of view are undoubtedly effectively worth checking out[…]

  121. Career Counseling

    […]we prefer to honor quite a few other internet web pages on the net, even if they aren’t linked to us, by linking to them. Under are some webpages worth checking out[…]

  123. Higher education

    […]very couple of websites that come about to become comprehensive below, from our point of view are undoubtedly well really worth checking out[…]

  127. كلية طب الأسنان

    […]we like to honor many other internet web pages around the web, even when they aren’t linked to us, by linking to them. Under are some webpages really worth checking out[…]

  134. Research projects

    […]that is the end of this report. Here you’ll find some web-sites that we consider you’ll value, just click the links over[…]

  136. ???? ????????

    […]just beneath, are many entirely not related web-sites to ours, having said that, they’re surely really worth going over[…]

  142. and international arenas

    […]although web-sites we backlink to beneath are considerably not related to ours, we really feel they may be in fact worth a go by means of, so have a look[…]

  160. Fiverr Earn

    […]check below, are some absolutely unrelated websites to ours, having said that, they’re most trustworthy sources that we use[…]

  166. Hooled strip led

    […]Wonderful story, reckoned we could combine a handful of unrelated information, nonetheless seriously really worth taking a look, whoa did a single study about Mid East has got additional problerms at the same time […]

  167. fiverrearn.com

    […]check below, are some completely unrelated internet websites to ours, nonetheless, they’re most trustworthy sources that we use[…]

  187. crypto news

    […]very handful of internet websites that transpire to become comprehensive below, from our point of view are undoubtedly nicely worth checking out[…]

  200. FiverrEarn

    […]check beneath, are some entirely unrelated internet websites to ours, nonetheless, they are most trustworthy sources that we use[…]

  205. Secure piano storage

    […]Wonderful story, reckoned we could combine several unrelated information, nonetheless really really worth taking a look, whoa did 1 understand about Mid East has got extra problerms too […]

  206. FUE

    […]very handful of web-sites that occur to become detailed below, from our point of view are undoubtedly effectively really worth checking out[…]

  207. FUE

    […]please stop by the internet sites we adhere to, such as this one, as it represents our picks in the web[…]

  209. Reliable movers

    […]we prefer to honor several other world-wide-web websites on the net, even when they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  216. Sell Anything for Free

    […]Wonderful story, reckoned we could combine a handful of unrelated data, nevertheless definitely really worth taking a look, whoa did 1 understand about Mid East has got a lot more problerms as well […]

  219. FiverrEarn

    […]check below, are some absolutely unrelated web-sites to ours, nonetheless, they’re most trustworthy sources that we use[…]

  220. FiverrEarn

    […]that may be the finish of this write-up. Right here you’ll obtain some web sites that we consider you’ll appreciate, just click the links over[…]

  225. tinnitus cure

    […]Wonderful story, reckoned we could combine some unrelated information, nevertheless definitely worth taking a search, whoa did one particular study about Mid East has got more problerms too […]

  228. FiverrEarn

    […]that would be the end of this article. Right here you will locate some sites that we assume you will value, just click the links over[…]

  233. FiverrEarn

    […]that would be the end of this write-up. Here you will find some web-sites that we believe you will value, just click the hyperlinks over[…]

  235. FiverrEarn

    […]although sites we backlink to beneath are considerably not connected to ours, we feel they’re in fact really worth a go through, so have a look[…]

  236. FiverrEarn

    […]that may be the finish of this report. Here you will find some web sites that we assume you will appreciate, just click the hyperlinks over[…]

  247. FiverrEarn

    […]we like to honor quite a few other world-wide-web web-sites on the internet, even if they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  248. FiverrEarn

    […]just beneath, are a lot of totally not related sites to ours, having said that, they’re surely really worth going over[…]

  249. FiverrEarn

    […]although sites we backlink to below are considerably not associated to ours, we really feel they may be basically really worth a go as a result of, so have a look[…]

  264. live sex cams

    […]we prefer to honor several other internet web sites around the web, even if they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  267. cannabis Ice Kream

    […]just beneath, are quite a few entirely not associated web sites to ours, having said that, they are certainly really worth going over[…]

  268. 늑대닷컴

    […]that will be the finish of this write-up. Right here you will locate some internet sites that we believe you’ll enjoy, just click the links over[…]

  272. allgame

    […]Wonderful story, reckoned we could combine some unrelated data, nonetheless truly really worth taking a look, whoa did one study about Mid East has got a lot more problerms as well […]

  274. Makeup sets

    […]although web-sites we backlink to beneath are considerably not associated to ours, we feel they are really worth a go via, so have a look[…]

  275. pg slot

    […]very couple of internet websites that occur to be in depth beneath, from our point of view are undoubtedly properly really worth checking out[…]

  277. AI Attorney

    […]we like to honor many other web sites on the net, even though they aren’t linked to us, by linking to them. Beneath are some webpages worth checking out[…]

  278. apk admin slot

    […]that is the finish of this article. Here you’ll obtain some internet sites that we believe you will enjoy, just click the links over[…]

  284. 44 mag ammo

    […]we like to honor many other internet internet sites on the net, even when they aren’t linked to us, by linking to them. Below are some webpages worth checking out[…]

  285. ItMe.Xyz

    […]very couple of internet websites that occur to become in depth below, from our point of view are undoubtedly well worth checking out[…]

  287. Bulk URL Shortener

    […]we like to honor a lot of other internet sites around the internet, even though they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  293. mzplay

    […]always a huge fan of linking to bloggers that I really like but really don’t get quite a bit of link really like from[…]

  300. live cam sex

    […]although internet websites we backlink to below are considerably not connected to ours, we feel they may be truly worth a go through, so have a look[…]

  308. atizapán de zaragoza clima

    […]Wonderful story, reckoned we could combine some unrelated information, nevertheless really really worth taking a look, whoa did one particular understand about Mid East has got more problerms at the same time […]

  309. Schneider

    […]just beneath, are numerous absolutely not related web pages to ours, having said that, they’re certainly really worth going over[…]

  312. بطاقه ايوا

    […]Wonderful story, reckoned we could combine a few unrelated data, nonetheless really worth taking a search, whoa did one understand about Mid East has got a lot more problerms too […]

  327. cuautitlan izcalli clima

    […]although web-sites we backlink to beneath are considerably not related to ours, we really feel they are truly worth a go as a result of, so possess a look[…]

  328. grey frenchies

    […]check beneath, are some entirely unrelated websites to ours, having said that, they are most trustworthy sources that we use[…]

  334. 늑대닷컴

    […]although internet websites we backlink to beneath are considerably not connected to ours, we really feel they are really worth a go by, so possess a look[…]

  339. bjj houston tx

    […]just beneath, are various absolutely not related sites to ours, on the other hand, they may be surely really worth going over[…]

  342. mexican candy bags

    […]Wonderful story, reckoned we could combine several unrelated information, nonetheless genuinely worth taking a look, whoa did 1 learn about Mid East has got much more problerms also […]

  345. Dog Registry

    […]that would be the finish of this article. Here you will discover some websites that we believe you will enjoy, just click the hyperlinks over[…]

  357. gaming

    […]we prefer to honor several other world wide web web sites around the web, even if they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

Top