CarMaxKMX stock fell by 0.61% on Friday after the company reported its Q2 earnings results on Thursday, September 30, 2021 at 06:50 AM.
Here's what investors need to know about the announcement.
Earnings
CarMax missed their estimated earnings by 8.99%, which did not surprise analysts.
Revenue was up $2,616,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.0, which was followed by a 6.67% increase in the share price the next day.
Here's a look at CarMax's past performance and the resulting price change:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|---|
EPS Estimate | 1.89 | 1.63 | 1.26 | 1.14 | 1.08 |
EPS Actual | 1.72 | 2.63 | 1.27 | 1.42 | 1.79 |
Price Change % | -0.61% | 6.67% | -7.05% | 0.92% | -0.27% |
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