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CarMax, Inc. (KMX) will release its second-quarter fiscal 2026 results on September 25, before the market opens. The Zacks Consensus Estimate for earnings per share (EPS) is $1.03, with revenues projected at $7.05 billion. The expected EPS indicates a 21.2% increase compared to the previous year, while revenue shows a 0.6% year-over-year growth.
In the first quarter of fiscal 2026, CarMax reported an adjusted EPS of $1.38, exceeding estimates and rising from $0.97 year-over-year. Net sales reached $7.55 billion, outperforming expectations of $7.52 billion. The average selling price of wholesale vehicles decreased to $7,959, impacting profit margins.
Current Zacks Rank for KMX is #3 (Hold), with an earnings ESP of -6.67%, indicating potential challenges in meeting earnings expectations this quarter.
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