CarMax will report fiscal year (FY) 1Q earnings before the open Monday and host a conference call at 9:00am Eastern. The dial in is: 1-888-298-3261 (international callers dial 1-706-679-7457) with a conference ID # of 9922214. First Call and Zack’s consensus estimates call for $0.38 this quarter (FY1Q) and $0.40 next quarter. This compares with $0.37 and $0.39 earned in 1Q and 2Q, respectively, of the prior year. In total, the street expects the company to earn $1.65 this FY. Management does not give quarterly guidance, but for the year, the company expects $1.45 to $1.65, excluding the expensing of stock-based compensation.

The street appears to be modeling on the above mentioned guidance ( ...