CarMax Sees Q1 EPS Slump to $0.92–$0.94 with Revenue at $7.41 Billion
KMX•Analysts project CarMax will report Q1 EPS of $0.92–$0.94 versus $1.38 a year ago, with revenue seen dropping to $7.41 billion from $7.55 billion. The stock trades at a trailing P/E of 31.09 and P/S of 0.29, supported by a current ratio of 2.20 and debt/equity of 0.47.
1. Q1 Earnings Forecast
CarMax is expected to report Q1 earnings per share of $0.92 to $0.94, down from $1.38 in the year-ago period, while revenue is forecast to decline to $7.41 billion from $7.55 billion.
2. Valuation Overview
The shares trade at a trailing price-to-earnings ratio of 31.09 and a price-to-sales ratio of 0.29, reflecting investor expectations and current market valuation.
3. Balance Sheet Strength
CarMax maintains a current ratio of 2.20 and a debt-to-equity ratio of 0.47, indicating strong liquidity and a conservative use of leverage to finance its assets.
4. Upcoming Earnings Release
The company will release its quarterly results on June 17 before market open; shares recently fell 0.6% to $51.26 following a stronger-than-expected fourth quarter.
