Categories AlphaGraphs, Earnings, Retail

Key highlights from CarMax’s (KMX) Q3 2024 earnings results

CarMax, Inc. (NYSE: KMX) reported third quarter 2024 earnings results today.

Net revenues decreased 5.5% year-over-year to $6.1 billion, missing estimates of $6.3 billion.

Net earnings rose to $82 million, or $0.52 per share, from $37.6 million, or $0.24 per share, last year. EPS beat projections of $0.44.

During the third quarter of 2024, KMX resumed its share repurchase program after a pause initiated during the third quarter of 2023. The company repurchased 648,500 shares of common stock for $41.9 million in the quarter.

The stock rose over 6% in premarket hours on Thursday.  

Prior performance

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Home Depot (HD) Q4 2023 Earnings: Key financials and quarterly highlights

Home Depot (NYSE: HD) reported fourth quarter 2023 earnings results today. Sales were $34.8 billion, down 2.9% from the same quarter a year ago. Comparable sales decreased 3.5%.  Net earnings were $2.8

Nvidia (NVDA) is set to report Q4 2024 results. Here is what to expect

Nvidia Corporation (NASDAQ: NVDA) has emerged as the frontrunner in providing cutting-edge solutions to enterprises for ramping up their generative AI deployments. The chipmaker is thriving on the rapid transition

Hasbro vs. Mattel: Here’s how these toymakers fared in Q4 2023

Leading toymakers Hasbro, Inc. (NASDAQ: HAS) and Mattel, Inc. (NASDAQ: MAT) reported their fourth quarter 2023 earnings results this month. Both companies performed differently, with Hasbro coming out of a

Add Comment
Viewing Highlight