We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
CarMax (KMX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Read MoreHide Full Article
CarMax (KMX - Free Report) reported $7.55 billion in revenue for the quarter ended May 2025, representing a year-over-year increase of 6.1%. EPS of $1.38 for the same period compares to $0.97 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $7.52 billion, representing a surprise of +0.40%. The company delivered an EPS surprise of +16.95%, with the consensus EPS estimate being $1.18.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how CarMax performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Comparable Store Used Vehicles Sales - YoY change: 6.6% versus 6.6% estimated by seven analysts on average.
Gross Profit per Unit - Used vehicles gross profit: $2,407 versus $2,376.50 estimated by six analysts on average.
Revenue per vehicle retailed (ASP) - Used vehicles: $26.12 thousand versus the six-analyst average estimate of $26.75 thousand.
Gross Profit per Unit - Wholesale vehicles gross profit: $1,047 versus the six-analyst average estimate of $1,054.24.
Revenue per vehicle retailed (ASP) - Wholesale vehicles: $7.96 thousand compared to the $8.29 thousand average estimate based on five analysts.
Net sales- Wholesale vehicles: $1.25 billion versus $1.31 billion estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a -0.3% change.
Net sales- Other: $190.36 million versus $189.46 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +6.1% change.
Net sales- Used vehicles: $6.10 billion versus $6.02 billion estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +7.5% change.
Other sales and revenues- Third-party finance fees, net: -$0.70 million versus the six-analyst average estimate of -$1.33 million. The reported number represents a year-over-year change of -58.8%.
Other sales and revenues- Extended protection plan revenues: $131.70 million versus the six-analyst average estimate of $128.95 million. The reported number represents a year-over-year change of +10.9%.
Other sales and revenues- Other: $22.90 million versus $25.17 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -17.3% change.
Other sales and revenues- Advertising & subscription revenues: $36.50 million versus the five-analyst average estimate of $34.15 million. The reported number represents a year-over-year change of +5.2%.
Shares of CarMax have returned +1.8% over the past month versus the Zacks S&P 500 composite's +0.5% 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.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
CarMax (KMX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
CarMax (KMX - Free Report) reported $7.55 billion in revenue for the quarter ended May 2025, representing a year-over-year increase of 6.1%. EPS of $1.38 for the same period compares to $0.97 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $7.52 billion, representing a surprise of +0.40%. The company delivered an EPS surprise of +16.95%, with the consensus EPS estimate being $1.18.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how CarMax performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Comparable Store Used Vehicles Sales - YoY change: 6.6% versus 6.6% estimated by seven analysts on average.
- Gross Profit per Unit - Used vehicles gross profit: $2,407 versus $2,376.50 estimated by six analysts on average.
- Revenue per vehicle retailed (ASP) - Used vehicles: $26.12 thousand versus the six-analyst average estimate of $26.75 thousand.
- Gross Profit per Unit - Wholesale vehicles gross profit: $1,047 versus the six-analyst average estimate of $1,054.24.
- Revenue per vehicle retailed (ASP) - Wholesale vehicles: $7.96 thousand compared to the $8.29 thousand average estimate based on five analysts.
- Net sales- Wholesale vehicles: $1.25 billion versus $1.31 billion estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a -0.3% change.
- Net sales- Other: $190.36 million versus $189.46 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +6.1% change.
- Net sales- Used vehicles: $6.10 billion versus $6.02 billion estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +7.5% change.
- Other sales and revenues- Third-party finance fees, net: -$0.70 million versus the six-analyst average estimate of -$1.33 million. The reported number represents a year-over-year change of -58.8%.
- Other sales and revenues- Extended protection plan revenues: $131.70 million versus the six-analyst average estimate of $128.95 million. The reported number represents a year-over-year change of +10.9%.
- Other sales and revenues- Other: $22.90 million versus $25.17 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -17.3% change.
- Other sales and revenues- Advertising & subscription revenues: $36.50 million versus the five-analyst average estimate of $34.15 million. The reported number represents a year-over-year change of +5.2%.
View all Key Company Metrics for CarMax here>>>Shares of CarMax have returned +1.8% over the past month versus the Zacks S&P 500 composite's +0.5% 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.