CarMax Beats Earnings Estimates as Revenue Jumps 20%. the Stock Rises.

Dow Jones

Sep 29

Shares of CarMax rose Tuesday after the used-car retailer posted fiscal second-quarter earnings that topped analysts' estimates.

CarMax stock advanced 3.9% to $58.74 in premarket trading on Tuesday after ending Monday down 1.2%. Carvana rose 0.5%. AutoNation was flat and Group 1 Automotive added 0.3%.

CarMax posted adjusted earnings of $1.16 a share in the quarter ended Aug. 31, up from 64 cents a share a year ago and above Wall Street's expectation of 73 cents. Revenue grew 20% to $7.9 billion, beating the analyst consensus call for $7.09 billion, according to FactSet.

The company's gross profit per used retail vehicle came in at $2,105, down $111 from last year. Wall Street expected $2,022. CarMax said the slight decrease from a year ago reflected continued "pricing actions" to drive improved sales.

Combined retail and wholesale used vehicle unit sales increased 15% to 387,735.

Wall Street was focused unit sales and gross profit per used retail vehicle as signs of growth.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2671134362"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2671134362\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2671134362?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-29 18:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2671134362","market":"fut","top_or_hot":-1,"title":"CarMax Beats Earnings Estimates as Revenue Jumps 20%. the Stock Rises.","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     Shares of CarMax rose Tuesday after the used-car retailer posted fiscal second-quarter earnings that topped analysts' estimates. \n</p>\n<p>\n     CarMax stock advanced 3.9% to $58.74 in premarket trading on Tuesday after ending Monday down 1.2%. Carvana rose 0.5%. AutoNation was flat and Group 1 Automotive added 0.3%. \n</p>\n<p>\n     CarMax posted adjusted earnings of $1.16 a share in the quarter ended Aug. 31, up from 64 cents a share a year ago and above Wall Street's expectation of 73 cents. Revenue grew 20% to $7.9 billion, beating the analyst consensus call for $7.09 billion, according to FactSet. \n</p>\n<p>\n     The company's gross profit per used retail vehicle came in at $2,105, down $111 from last year. Wall Street expected $2,022. CarMax said the slight decrease from a year ago reflected continued \"pricing actions\" to drive improved sales. \n</p>\n<p>\n     Combined retail and wholesale used vehicle unit sales increased 15% to 387,735. \n</p>\n<p>\n     Wall Street was focused unit sales and gross profit per used retail vehicle as signs of growth. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CarMax Beats Earnings Estimates as Revenue Jumps 20%. the Stock Rises.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCarMax Beats Earnings Estimates as Revenue Jumps 20%. the Stock Rises.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-09-29 18:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     Shares of CarMax rose Tuesday after the used-car retailer posted fiscal second-quarter earnings that topped analysts' estimates. \n</p>\n<p>\n     CarMax stock advanced 3.9% to $58.74 in premarket trading on Tuesday after ending Monday down 1.2%. Carvana rose 0.5%. AutoNation was flat and Group 1 Automotive added 0.3%. \n</p>\n<p>\n     CarMax posted adjusted earnings of $1.16 a share in the quarter ended Aug. 31, up from 64 cents a share a year ago and above Wall Street's expectation of 73 cents. Revenue grew 20% to $7.9 billion, beating the analyst consensus call for $7.09 billion, according to FactSet. \n</p>\n<p>\n     The company's gross profit per used retail vehicle came in at $2,105, down $111 from last year. Wall Street expected $2,022. CarMax said the slight decrease from a year ago reflected continued \"pricing actions\" to drive improved sales. \n</p>\n<p>\n     Combined retail and wholesale used vehicle unit sales increased 15% to 387,735. \n</p>\n<p>\n     Wall Street was focused unit sales and gross profit per used retail vehicle as signs of growth. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KMX","symbol_name":"车美仕","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2671134362","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2671134362","pubTimestamp":1790677140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of CarMax rose Tuesday after the used-car retailer posted fiscal second-quarter earnings that topped analysts' estimates.CarMax stock advanced 3.9% to $58.74 in premarket trading on Tuesday after ending Monday down 1.2%. Carvana rose 0.5%. AutoNation was flat and Group 1 Automotive added 0.3%.CarMax posted adjusted earnings of $1.16 a share in the quarter ended Aug. 31, up from 64 cents a share a year ago and above Wall Street's expectation of 73 cents. Revenue grew 20% to $7.9 billion, beating the analyst consensus call for $7.09 billion, according to FactSet.The company's gross profit per used retail vehicle came in at $2,105, down $111 from last year. Wall Street expected $2,022. CarMax said the slight decrease from a year ago reflected continued \"pricing actions\" to drive improved sales.Combined retail and wholesale used vehicle unit sales increased 15% to 387,735.Wall Street was focused unit sales and gross profit per used retail vehicle as signs of growth.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"KMX":"车美仕"},"translate_title":"CarMax 收入增长 20%，超出盈利预期。股票上涨。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KMX":1.5},"content_text":"Shares of CarMax rose Tuesday after the used-car retailer posted fiscal second-quarter earnings that topped analysts' estimates. \n\n\n     CarMax stock advanced 3.9% to $58.74 in premarket trading on Tuesday after ending Monday down 1.2%. Carvana rose 0.5%. AutoNation was flat and Group 1 Automotive added 0.3%. \n\n\n     CarMax posted adjusted earnings of $1.16 a share in the quarter ended Aug. 31, up from 64 cents a share a year ago and above Wall Street's expectation of 73 cents. Revenue grew 20% to $7.9 billion, beating the analyst consensus call for $7.09 billion, according to FactSet. \n\n\n     The company's gross profit per used retail vehicle came in at $2,105, down $111 from last year. Wall Street expected $2,022. CarMax said the slight decrease from a year ago reflected continued \"pricing actions\" to drive improved sales. \n\n\n     Combined retail and wholesale used vehicle unit sales increased 15% to 387,735. \n\n\n     Wall Street was focused unit sales and gross profit per used retail vehicle as signs of growth.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}