CarMax (KMX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

CarMax (KMX) reported $8.01 billion in revenue for the quarter ended May 2026, representing a year-over-year increase of 6.2%. EPS of $1.31 for the same period compares to $1.38 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $7.6 billion, representing a surprise of +5.43%. The company delivered an EPS surprise of +39.61%, with the consensus EPS estimate being $0.94.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how CarMax performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Number of stores - Total: 256 versus 257 estimated by four analysts on average.Number of stores - opened: 1 versus the three-analyst average estimate of 1.Average Selling Prices - Used vehicles: $27.29 thousand compared to the $26.35 thousand average estimate based on three analysts.Unit Sales - Wholesale vehicles: 162,064 compared to the 151,525 average estimate based on three analysts.Gross Profit per Unit - Wholesale vehicle: $1,046.00 compared to the $974.34 average estimate based on three analysts.Net sales and operating revenues- Wholesale vehicle: $1.43 billion versus $1.23 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +14% change.Other sales and revenues- Extended protection plan revenues: $133.5 million compared to the $131.82 million average estimate based on four analysts. The reported number represents a change of +1.4% year over year.Net sales and operating revenues- Used vehicle: $6.39 billion versus $6.18 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +4.7% change.Other sales and revenues- Third-party finance fees, net: $-4.5 million versus $-1.99 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +542.9% change.Net sales and operating revenues- Other sales and revenues: $194.55 million compared to the $190.21 million average estimate based on four analysts. The reported number represents a change of +2.2% year over year.Other sales and revenues- Other: $28.9 million versus $17.52 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +26.2% change.Other sales and revenues- Advertising & subscription revenues: $36.7 million versus the three-analyst average estimate of $36.84 million. The reported number represents a year-over-year change of +0.6%.View all Key Company Metrics for CarMax here>>>Shares of CarMax have returned +43.7% over the past month versus the Zacks S&P 500 composite's +1.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.See Stocks Now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks