Back to top

Image: Bigstock

Compared to Estimates, CarMax (KMX) Q4 Earnings: A Look at Key Metrics

Read MoreHide Full Article

For the quarter ended February 2026, CarMax (KMX - Free Report) reported revenue of $5.95 billion, down 1% over the same period last year. EPS came in at $0.34, compared to $0.64 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $5.77 billion, representing a surprise of +3.01%. The company delivered an EPS surprise of +57.63%, with the consensus EPS estimate being $0.22.

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.

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:
  • Gross Profit per Unit - Used vehicle: $2,115.00 versus the four-analyst average estimate of $1,933.76.
  • Gross Profit per Unit - Wholesale vehicle: $940.00 versus the four-analyst average estimate of $927.49.
  • Unit Sales - Used vehicles: 181,188 versus the four-analyst average estimate of 179,115.
  • Unit Sales - Combined retail and wholesale used vehicle: 303,969 versus the four-analyst average estimate of 296,704.
  • Number of stores - Total: 255 versus the four-analyst average estimate of 256.
  • Net sales and operating revenues- Wholesale vehicle: $1.01 billion versus the six-analyst average estimate of $954.57 million. The reported number represents a year-over-year change of -0.1%.
  • Net sales and operating revenues- Other sales and revenues: $158.81 million compared to the $156.91 million average estimate based on six analysts. The reported number represents a change of -0.1% year over year.
  • Net sales and operating revenues- Used vehicle: $4.78 billion versus the six-analyst average estimate of $4.66 billion. The reported number represents a year-over-year change of -1.2%.
  • Other sales and revenues- Third-party finance fees, net: $-4.1 million versus $-2.12 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +78.3% change.
  • Other sales and revenues- Extended protection plan revenues: $105.3 million compared to the $103.05 million average estimate based on five analysts. The reported number represents a change of -0.6% year over year.
  • Other sales and revenues- Other: $22.7 million versus $20.72 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +6.6% change.
  • Other sales and revenues- Advertising & subscription revenues: $34.9 million versus the four-analyst average estimate of $35.34 million. The reported number represents a year-over-year change of +2.4%.

View all Key Company Metrics for CarMax here>>>

Shares of CarMax have returned +17.7% over the past month versus the Zacks S&P 500 composite's +3.9% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Zacks' 7 Best Strong Buy Stocks (New Research Report)

Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.

Click Here, It's Really Free

Published in