CarMax’s Flat Earnings Fall Short of Expectations
CarMax Inc. (NYSE: KMX) this morning reported second-quarter earnings per share (EPS) of $0.48 on revenue of $2.76 billion. In the same period a year ago, the used car dealer reported EPS…
CarMax Inc. (NYSE: KMX) this morning reported second-quarter earnings per share (EPS) of $0.48 on revenue of $2.76 billion. In the same period a year ago, the used car dealer reported EPS…
This is not exactly a packed week for earnings like you would see in earnings season, but we still have many key earnings reports. We have provided previews for the following: Carnival…
The three major US stock indexes opened mixed this morning as markets reacted to weak PMI reports from both Germany and China (more coverage here). A flash reading on US PMI was…
The three major US stock indexes opened slightly lower this morning as markets waited patiently for an afternoon announcement from the FOMC. When the word finally came that Operation Twist would continue…
Earnings season has been over for a few weeks now, but there are going to be several key earnings events in the week ahead. 24/7 Wall St. wanted to issue some brief…
The largest car dealership in the US, AutoNation Inc. (NYSE: AN) reported earnings this morning for the first quarter. The company posted EPS of $0.56, an all-time high, on revenue of $3.7…
Markets opened lower this morning on mixed reaction to the $641 billion borrowing spree from the European Central Bank. Technology stocks were weighed down by poor earnings report and uninspired guidance from…
The month of December was the leading month for new car sales in the US in 2010. It was the second leading month in 2009, and the pattern could continue this year…
About three weeks ago, we looked at target prices and implied share price gains in a number of auto sector stocks. The quarterly earnings season had just begun, and hopes were pretty…
New car sales in September are estimated to have risen 19% year-over-year, though down -5.5% sequentially. The seasonally adjusted annual rate of new car sales is now set at about 12.9 million…
The coming week is going to feel like a mini earnings season. We have many sector leaders reporting earnings and the fallout (or benefits) could be widespread. On deck are key earnings…
Shares in JC Penney (NYSE: JCP) rose 14.5% for the week as the faltering retailer appointed Ron Johnson, who has run Apple’s (NASDAQ: AAPL) retail stores as its next CEO. The market…
Earnings season is supposed to be over. Guess again. This coming week is going to feel like the earnings floodgates are open and the companies reporting have market-moving and sector-moving abilities. Monday…
These are some of this Friday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. AFLAC Inc. (NYSE: AFL) Started as Neutral at Goldman Sachs. AT&T, Inc.…
These are some of this Thursday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Abercrombie & Fitch Co. (NYSE: ANF) Cut to Market Perform at FBR.…