CarMax
CarMax Shares Fall Despite Beating Earnings Estimates Amid Market Pressures
On April 14, 2026, the used automotive market received a sobering wake-up call as CarMax, Inc. (NYSE: KMX) released its fiscal fourth-quarter 2026 results. Despite technically "beating" analyst expectations on both revenue and adjusted earnings per share, the stock plummeted nearly 14% in early trading. The sharp decline