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Shares of the diversified auto dealership CarMax NYSE: KMX are flying higher by as much as 10% right during the opening hours of Friday's trading session; the quick advance comes amid the company anno
CNBC's Jim Cramer delivers his daily Mad Dash.
CarMax (KMX) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $1.56 per share a year ago.

2 Stocks Defying Friday's Market Downturn

09:37am, Friday, 23'rd Jun 2023
Markets opened lower on Friday. CarMax reported weak financial results that were nevertheless better than most investors had expected.
CarMax, Inc (NYSE:KMX) shares jumped 7% in pre-market trading on Friday after the used-car seller reported first quarter fiscal 2024 revenue that fell 17% year over year to $7.69 billion but surpassed

CarMax Stock Jumps After Earnings Beat

07:57am, Friday, 23'rd Jun 2023
The used-car seller topped analyst expectations on both profit and sales for the first quarter.
CarMax Inc on Friday posted a better-than-expected adjusted profit for the first quarter, benefiting from a series of cost cutting measures that were implemented to tackle a fall in demand for used ca
Shares of CarMax Inc. KMX, +0.03% jumped 8.3% toward a nine-month high in premarket trading Friday, after the used car seller reported a big fiscal first-quarter profit beat as used, consumer and deal
Karen Firestone, Chairman and CEO of Aureus Asset Management, joins 'Squawk Box' to discuss the latest market trends, and her top stocks to watch including Amazon, Adobe, and Carmax.
The Zacks Consensus Estimate for CarMax's (KMX) fiscal Q1 earnings and revenues is pegged at 73 cents per share and $7.28 billion, respectively.

3 Stocks to Avoid This Week

09:15am, Monday, 19'th Jun 2023
There are near-term concerns for CarMax, Carvana, and ChargePoint this week. CarMax reports quarterly results this week, and analysts see its business driving in reverse.
CarMax (KMX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
One of the biggest contributors to the 4% year-over-year rise in consumer prices was more expensive used cars and trucks. That's odd.
Dan Fitzpatrick, founder and chief market analyst with stockmarketmentor.com, joins 'Power Lunch' to discuss the technical trade, tips for reading a technical chart, and CNBC Pro's latest screener on
Akre Capital Management recently disclosed its 13F portfolio updates for the first quarter of 2023, which ended on March 31.
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