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Bartosiak: Trading Carmax's (KMX) Earnings with Options
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On Thursday, April 6th, Carmax (KMX - Free Report) will release its second quarter earnings results after the bell. The company is a Zacks Rank 4 (Sell), and have a Value, Growth, and Momentum score of D.
In our video David will take a look at the current state of Carmax, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Carmax in Focus
CarMax, Inc. operates as a retailer of used cars. The Company also sells vehicles through on-site wholesale auctions, as well as sells new vehicles under franchise agreements. It operates used car superstores, provides customers with a range of other related products and services, including the appraisal and purchase of vehicles directly from consumers, the sale of extended service plans, guaranteed asset protection and accessories and vehicle repair service. CarMax, Inc. is based in Richmond, Virginia.
Carmax is expected to report earnings at $0.79 per-share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $0.71, beating expectations by a oebbt. Their average EPS surprise is 0.87%.
How should investors play Carmax ahead of their earnings report? For insights on the best options trades, then tune in 1:00pm today to see David’s thoughts.
Which Stocks are Zacks Experts Talking About?
While we share information like what you saw in this video with the public, our top recommendations are reserved for selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF and options moves...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). Click here for all Zacks trade >>
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Bartosiak: Trading Carmax's (KMX) Earnings with Options
On Thursday, April 6th, Carmax (KMX - Free Report) will release its second quarter earnings results after the bell. The company is a Zacks Rank 4 (Sell), and have a Value, Growth, and Momentum score of D.
In our video David will take a look at the current state of Carmax, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Carmax in Focus
CarMax, Inc. operates as a retailer of used cars. The Company also sells vehicles through on-site wholesale auctions, as well as sells new vehicles under franchise agreements. It operates used car superstores, provides customers with a range of other related products and services, including the appraisal and purchase of vehicles directly from consumers, the sale of extended service plans, guaranteed asset protection and accessories and vehicle repair service. CarMax, Inc. is based in Richmond, Virginia.
Carmax is expected to report earnings at $0.79 per-share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $0.71, beating expectations by a oebbt. Their average EPS surprise is 0.87%.
CarMax Inc Price, Consensus and EPS Surprise
CarMax Inc Price, Consensus and EPS Surprise | CarMax Inc Quote
Bottom Line
How should investors play Carmax ahead of their earnings report? For insights on the best options trades, then tune in 1:00pm today to see David’s thoughts.
Which Stocks are Zacks Experts Talking About?
While we share information like what you saw in this video with the public, our top recommendations are reserved for selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF and options moves...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). Click here for all Zacks trade >>