These Analysts Increase Their Forecasts On CarMax After Upbeat Q1 Results
1. KMX reported Q1 earnings per share of $1.38, beating estimates. 2. Quarterly sales were $7.55 billion, exceeding consensus expectations. 3. The company opened two new reconditioning centers in Arizona and Texas. 4. Analysts have mixed ratings on KMX, with varied price targets. 5. Shares of CarMax dropped 4.8% following the earnings announcement.