CarMax (KMX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

CarMax (KMX) reported $5.79 billion in revenue for the quarter ended November 2025, representing a year-over-year decline of 6.9%. EPS of $0.51 for the same period compares to $0.81 a year ago.The reported revenue represents a surprise of +1.18% over the Zacks Consensus Estimate of $5.73 billion. With the consensus EPS estimate being $0.32, the EPS surprise was +59.38%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how CarMax performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Comparable Store Used Vehicles Sales - YoY change: -8.1% compared to the -7.8% average estimate based on seven analysts.Number of stores - Total: 250 compared to the 256 average estimate based on six analysts.Gross Profit per Unit - Used vehicle: $2,235.00 versus the six-analyst average estimate of $2,207.35.Gross Profit per Unit - Wholesale vehicle: $899.00 compared to the $918.80 average estimate based on six analysts.Average Selling Prices - Wholesale vehicles: $8.14 thousand versus $8.06 thousand estimated by five analysts on average.Net sales and operating revenues- Wholesale vehicle: $1.1 billion versus the eight-analyst average estimate of $1.05 billion. The reported number represents a year-over-year change of -6.3%.Net sales and operating revenues- Other sales and revenues: $150.63 million compared to the $159.33 million average estimate based on eight analysts. The reported number represents a change of -9.2% year over year.Net sales and operating revenues- Used vehicle: $4.55 billion versus $4.52 billion estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a -7% change.Other sales and revenues- Third-party finance fees, net: $-3 million compared to the $0.5 million average estimate based on six analysts. The reported number represents a change of -400% year over year.Other sales and revenues- Extended protection plan revenues: $96.6 million compared to the $101.08 million average estimate based on six analysts. The reported number represents a change of -8.4% year over year.Other sales and revenues- Other: $21.9 million compared to the $22.69 million average estimate based on five analysts. The reported number represents a change of -6% year over year.Other sales and revenues- Advertising & subscription revenues: $35.1 million versus $36.6 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -2.8% change.View all Key Company Metrics for CarMax here>>>Shares of CarMax have returned +20.1% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.Zacks Naming Top 10 Stocks for 2026Want to be tipped off early to our 10 top picks for the entirety of 2026? History suggests their performance could be sensational.From 2012 (when our Director of Research Sheraz Mian assumed responsibility for the portfolio) through November, 2025, the Zacks Top 10 Stocks gained +2,530.8%, more than QUADRUPLING the S&P 500’s +570.3%.Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2026. Don’t miss your chance to get in on these stocks when they’re released on January 5. Be First to New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CarMax, Inc. (KMX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks