Stock Analysis
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- NYSE:KMX
CarMax Full Year 2024 Earnings: In Line With Expectations
CarMax (NYSE:KMX) Full Year 2024 Results
Key Financial Results
- Revenue: US$26.5b (down 15% from FY 2023).
- Net income: US$479.2m (down 1.1% from FY 2023).
- Profit margin: 1.8% (up from 1.6% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: US$3.03 (down from US$3.05 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CarMax Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company's shares are down 11% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for CarMax that you should be aware of before investing here.
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About NYSE:KMX
CarMax
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States.
Mediocre balance sheet and slightly overvalued.