Used automotive vehicle retailer Carmax (NYSE: KMX) will be reporting earnings this Thursday morning. Here’s what to look for.

CarMax met analysts’ revenue expectations last quarter, reporting revenues of $7.55 billion, up 6.1% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ EBITDA estimates and a solid beat of analysts’ gross margin estimates.

Is CarMax a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting CarMax’s revenue to be flat year on year at $7.07 billion, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $1.05 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. CarMax has missed Wall Street’s revenue estimates four times over the last two years.

Looking at CarMax’s peers in the automotive and marine retail segment, only AutoZone has reported results so far. It met analysts’ revenue estimates and delivered flat year-on-year revenue.

Investors in the automotive and marine retail segment have had steady hands going into earnings, with share prices flat over the last month. CarMax is down 4.1% during the same time and is heading into earnings with an average analyst price target of $81.44 (compared to the current share price of $57.40).

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