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Benzinga
Benzinga
Business
Avi Kapoor

YOU WONT BELIEVE: These analysts cut their forecasts on carmax after downbeat q2 results - You Need To See This

Disappointing Q2 Results

CarMax Inc (NYSE: KMX) posted weaker-than-expected second-quarter results on Thursday.

The used-car retail giant reported second-quarter earnings per share of 64 cents, missing the analyst consensus estimate of $1.09. Quarterly sales of $6.594 billion (down 6% year over year) missed the Street view of $7.024 billion.

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