CarMax Likely To Report Lower Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
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CarMax is expected to report lower Q3 earnings of 32 cents per share, down from 81 cents a year ago, with revenue estimated at $5.63 billion. Analysts have revised forecasts, with several downgrading the stock and adjusting price targets. CarMax shares fell 0.7% recently. Analysts' ratings vary, with some maintaining neutral or hold positions, while others downgraded to underweight or market perform. The stock's outlook is cautious amid financial challenges.
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