What to Expect From CarMax’s Q1 Earnings? 
<p>RBC Capital analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/KMX'>CarMax, Inc. (NYSE:KMX)</a> ahead of the company’s upcoming Q1 earnings announcement.</p>
<p>While the analysts continue to believe in the company's long-term share gain opportunity, they are cautious heading into the quarterly results as the Street seems fairly lofty against a deteriorating macro backdrop. </p>
<p>The analysts expect Q1 used units to decline 15.5% year-over-year to 228,700, compared to the Street estimate of 240,100. Street assumes Q1 units grow approximately 24% from Q4, which the analysts believe is aggressive given mounting consumer pressures. The analysts expect quarterly EPS to be $1.49, compared to the Street estimate of $1.59. </p>

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