CarMax misses analysts' expectations in the second quarter
Eulerpool Research Systems •Sep 25, 2025
Takeaways NEW
- CarMax did not meet analyst expectations in the second quarter.
- Revenue was $6.59 billion, expected was $7.05 billion.
The used car dealer CarMax, based in Richmond, Virginia, reported a net profit of $95.4 million for the second quarter, equivalent to earnings of 64 cents per share. These results fell short of Wall Street's expectations, which, according to a survey conducted by Zacks Investment Research involving 10 analysts, predicted earnings of $1.03 per share. The company also lagged in revenue expectations. CarMax recorded sales of $6.59 billion, while eight analysts surveyed by Zacks had projected revenue of $7.05 billion.
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