CarMax Earnings Preview: 3 Trends to Watch

CarMax Earnings Preview: 3 Trends to Watch

CarMax (NYSE: KMX) will post its third-quarter earnings report before the market opens on Thursday, Dec. 21. And despite positive business trends lately, investors are cautious about the used-car retailer's operating outlook. Shares are off their highs for the year and have missed out on most of the broader market's 2017 rally.

That underperformance could change quickly, depending on what CEO William Nash and his executive team have to say in a few days about CarMax's recent results. Investors should also have a chance to respond to the management team's updated expansion plans for the new year.

Let's dive into a few key trends to watch in Thursday's announcement.

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Source: Fool.com