CarMax reported better-than-expected earnings for Q1, introduced new growth strategy, and saw positive changes in price targets from analysts.

CarMax (KMX) will report Q1 earnings on June 17. Analysts expect EPS of 94 cents on revenue of $7.42B. Last year, it reported $7.55B in revenue.

CarMax is just in a buy zone as a key rival looks to disrupt auto sales again.

U.S. stock futures trading higher. CarMax, Sophia Genetics, Jabil, La-Z-Boy, and Safe Bulkers in focus. La-Z-Boy shares jump 17.7% after earnings.

CarMax Reports First Quarter Fiscal 2027 Results

CarMax (KMX) beats Q1 earnings and revenue goals, but shares dip 4% in premarket trading as investors react to tighter margins.

Despite the beats, questions remain about the company's ability to grow and cut costs under the plan amid tougher market conditions, including margin pressure.

CarMax reported better-than-expected earnings for Q1, introduced new growth strategy, and saw positive changes in price targets from analysts.