{"id":194298,"date":"2023-09-28T15:39:21","date_gmt":"2023-09-28T15:39:21","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=194298"},"modified":"2023-09-28T15:39:21","modified_gmt":"2023-09-28T15:39:21","slug":"carmax-stock-slips-on-lower-earnings-revenue","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/bitcoin\/carmax-stock-slips-on-lower-earnings-revenue\/","title":{"rendered":"CarMax Stock Slips On Lower Earnings, Revenue"},"content":{"rendered":"<p> Shares of used vehicle retailer CarMax, Inc. (KMX) are falling more than 10% Thursday morning after reporting lower earnings as well as revenue in the second quarter.<\/p>\n<p>Net earnings in the second quarter dropped to $118.6 million or $0.75 per share from $125.9 million or $0.79 per share last year, due to lower used vehicle sales. Analysts on average, polled by Thomson-Reuters were expecting earnings of $0.78 per share.<\/p>\n<p>Revenue for the quarter declined 13.1% year-on-year at $7.1 billion. The consensus estimate was for $7.03 billion.<\/p>\n<p>KMX, currently at $71.14, has traded in the range of $52.10 &#8211; $87.50 in the last 1 year. <\/p>\n<p>Source: <a href=\"https:\/\/www.rttnews.com\/3393396\/carmax-stock-slips-on-lower-earnings-revenue.aspx?utm_source=rttnews&#038;utm_campaign=stockalerthome\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of used vehicle retailer CarMax, Inc. (KMX) are falling more than 10% Thursday morning&#8230;<\/p>\n","protected":false},"author":4,"featured_media":194297,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CarMax Stock Slips On Lower Earnings, Revenue - Tokens Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tokenstalk.info\/bitcoin\/carmax-stock-slips-on-lower-earnings-revenue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CarMax Stock Slips On Lower Earnings, Revenue - Tokens Talk\" \/>\n<meta property=\"og:description\" content=\"Shares of used vehicle retailer CarMax, Inc. 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