Carmax Inc (KMX) delivered better-than-expected financial results for the third quarter of fiscal 2026. The company reported earnings per share (EPS) of $0.51, surpassing Wall Street's consensus estimate of $0.38 by $0.13. Revenue matched expectations at $5.8 billion, reflecting stability in its operations.
The earnings conference call is scheduled for later today, where management will discuss these results and provide further insights into the company's performance. Carmax, headquartered in Richmond, Virginia, operates in the retail of used vehicles and the wholesale of vehicle auction operations. With a market capitalization of $6.0 billion and a trailing P/E ratio of 11.47, the company employs 30,048 full-time staff across its two segments: CarMax Sales Operations and CarMax Auto Finance (CAF).
This earnings report highlights Carmax's operational resilience and financial health. Investors are encouraged to review the complete earnings release and listen to management's commentary for a comprehensive understanding of the quarter's performance and future outlook. Upcoming earnings are scheduled for April 8, 2026, with an estimated EPS of $0.31 and revenue of $5.7 billion, followed by another release on June 18, 2026, forecasting an EPS of $1.11 and revenue of $7.3 billion.