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CarMax Stock Stalls on Q2 Earnings Setback
车美仕车美仕(US:KMX) Schaeffers Investment Research·2025-09-25 15:11

Shares of CarMax Inc (NYSE:KMX) were last seen in a 22.2% hole, trading at 44.37aftermissingfiscalsecondquarterexpectations,reportingearningsof44.37 after missing fiscal second-quarter expectations, reporting earnings of 0.64 on revenue of 6.59billion.Thecompanysawdeclinesacrosstheboard,mostnotablyinitswholesaleandusedvehiclesegments.WedbushdowngradedKMXfrom"outperform"to"neutral"inresponse,andslasheditspricetargetto6.59 billion. The company saw declines across the board, most notably in its wholesale and used vehicle segments. Wedbush downgraded KMX from "outperform" to "neutral" in response, and slashed its price target to 54 from $84.The equity has had a rough go of late, on track to extend its losing streak to five sessions and mark one of it ...