CarMax (NYSE:KMX) reported quarterly earnings results on September 29, 2026 that exceeded analyst expectations.
At publication ·
CarMax (NYSE:KMX) · earnings beat
At a glance
CarMax (NYSE:KMX) reported quarterly earnings results on September 29, 2026 that exceeded analyst expectations.
The Consumer Cyclical company reported earnings per share of $1.16, beating the consensus estimate of $0.70 by $0.46 per share. Revenue came in at $7.9B, beating the estimate of $7.0B.
CarMax's stock moved following the earnings release. The stock currently trades at $54.86 with a market capitalization of $6.4B.
CarMax's earnings outperformance reflects execution that exceeded Wall Street's expectations. Earnings beats can lead to upward estimate revisions from analysts, which often correlate with sustained stock price appreciation over the following weeks as models are updated.
The 66% beat relative to consensus estimates is a notable deviation. Earnings surprises of this magnitude often trigger analyst revisions and can influence institutional positioning in the weeks following the report.
Earnings reports are most useful when viewed as part of a trend rather than in isolation. Investors tracking CarMax should compare this quarter's results against both year-over-year figures and sequential performance to identify whether the business is accelerating, stabilizing, or decelerating. The earnings calendar on Smart Investors Daily tracks upcoming report dates across all publicly traded companies.
| Quarter | EPS Actual | EPS Est. | Surprise |
|---|---|---|---|
| Q2 (Sep 2026) | $1.16 | $0.70 | +65.7% |
| Q1 (Jun 2026) | $1.31 | $0.94 | +39.4% |
| Q4 (Apr 2026) | $0.34 | $0.23 | +47.8% |
| Q3 (Dec 2025) | $0.43 | $0.38 | +13.4% |
Related Tools: Earnings Calendar | View KMX Stock Page
Check the latest earnings dates on our KMX earnings page or the Earnings Calendar.
See the full Q2 results including EPS actual vs estimate on our KMX earnings page.
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