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CarMax Surpasses Earnings Expectations with $62.2 Million Profit

12/18/2025

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Story summary
  • CarMax reported fiscal third-quarter earnings of $62.2 million, or 43 cents per share, above Wall Street expectations of 32 cents.
  • Adjusted earnings were 51 cents per share, and revenue reached $5.79 billion, ahead of forecasts of $5.73 billion.
  • Analysts had expected earnings of 32 cents per share, down from 81 cents a year earlier, with revenue of $5.63 billion.
  • CarMax shares closed at $40.63, down 0.7% before the earnings announcement.