Carmax Or Drivers World
Sep 15, 2016 at 10:04AM Image source: CarMax. Anti Crash Samp 0.3.7. One of the biggest purchases that many Americans make is buying a car, and CarMax () has sought to offer an alternative to the much-hated process of haggling and trickery that many dealers force upon their customers. For years, the CarMax model was also good to shareholders, but since last year, CarMax stock has stalled out and struggled to hold its ground. Coming into Wednesday's fiscal second-quarter report, CarMax investors hope that the dealer will be able to reverse some troubling trends and find ways to produce sustainable growth. Let's take an early look at CarMax to see what its report is likely to say. Stats on CarMax.
Expected EPS Growth 7.3% Expected Revenue Growth 5.2% Forward Earnings Multiple 16 Expected 5-Year Annualized Growth Rate 14. Wpe Packet. 3% Source: Yahoo! What's coming down the road for CarMax earnings?
Investors have remained cautious about CarMax earnings in recent months. They've kept their views on the fiscal second quarter stable, but they've reduced their calls for the 2017 and 2018 fiscal years by 1% to 2%. The stock has regained some of its lost ground, though, climbing 15% since mid-June. The quarter got off to a rocky start after CarMax announced its fiscal first-quarter results in late June. Revenue for the dealer climbed less than 3%, and net income sank slightly from year-ago levels.