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from the world of economics and financeCarMax (KMX) reported $7.11 billion in revenue for the quarter ended May 2024, representing a year-over-year decline of 7.5%. EPS of $0.97 for the same period compares to $1.16 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $7.2 billion, representing a surprise of -1.14%. The company delivered an EPS surprise of -2.02%, with the consensus EPS estimate being $0.99.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how CarMax performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for CarMax here>>>
Shares of CarMax have returned +3.5% over the past month versus the Zacks S&P 500 composite's +3.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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CarMax, Inc. (KMX) : Free Stock Analysis Report
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