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Showing posts from August, 2021

CarMax (KMX) Dips More Than Broader Markets: What You Should Know

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  CarMax (KMX) closed the most recent trading day at $125.21, moving -1.01% from the previous trading session. This change lagged the S&P 500's 0.14% loss on the day. Coming into today, shares of the used car dealership chain had lost 7.33% in the past month. In that same time, the Retail-Wholesale sector gained 0.11%, while the S&P 500 gained 3.13%. KMX will be looking to display strength as it nears its next earnings release, which is expected to be September 30, 2021. On that day, KMX is projected to report earnings of $1.80 per share, which would represent year-over-year growth of 0.56%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $6.61 billion, up 23.01% from the year-ago period. PauseUnmute Fullscreen VDO.AI Skip Ad For the full year, our Zacks Consensus Estimates are projecting earnings of $7.10 per share and revenue of $26.44 billion, which would represent changes of +57.08% and +39.54%, respectively, from the prior year. Investors