CarMax 1Q Earnings Pregame Scorecard

Last quarter CarMax beat estimates by one cent per share and it is up again on Thursday, June 21, 2012.

Expectations

Analysts currently expect CarMax to come in with earnings of 53 cents per share on revenues of $2.84 billion. Estimates range from 50 cents per share to 59 cents per share. Over the past three months, the average estimate has moved down from 55 cents.

Last Quarter's Results

In the fourth quarter of the last fiscal year, profit rose 3.7% to $92.8 million (40 cents a share) from $89.5 million (39 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 9.9% to $2.48 billion from $2.25 billion.

Stock Ratings

Analysts are bullish on the stock as nine analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Stock Movement

The stock fell $1.87 per share between April 5, 2012 and April 10, 2012. Looking at change over the last three months, March 21, 2012 and June 15, 2012, the stock price fell $6.78 (-19.7%), from $34.46 to $27.68.

Company Fundamental Trends

Summary

Reporting Period: 1Q

Date of Release: Thursday, June 21, 2012 before market open

EPS: 53 cents

Revenue Estimate: $2.84 billion