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CarMax, Inc (NYSE:KMX) will release sales and earnings for the third quarter ended November 30, 2011, before the opening bell on December 21, 2011, and will host a conference call for investors at 9:00 a.m. ET.

KMX trades an average of 2 million shares per day.

52-Week High: $37.02
52-Week Low: $22.77
Book Value: $11.27
Float Short: 8.33%

On average, 14 analysts are expecting a drop of $-0.11 in earnings per share compared to last quarter's results of $0.49. Investors will be looking to see a number north of $0.38 per share, based on the earnings estimates. Analyst estimates range between $0.34 and $0.45 per share.

The current trailing twelve months (ttm) P/E ratio is 16.8. The forward P/E ratio is 16.6. Revenue year-over-year has increased to $8.98 billion for 2011 vs. $7.47 billion for 2010. The bottom line has rising earnings year-over-year of $380.88 million for 2011 vs. $281.67 million for 2010.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $616.12 million for 2011 vs. $455.40 million for 2010.Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins to make sure that the bottom line is keeping up with the top line.

Here is a look at the fiscal year revenue:

paid2trade.com revenue gross bar chart for KMX

Gross reported revenue compared to the mean estimate (rounded):

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Aug-11 $ 2.62 B $ 2.59 B $ -29.51 M -1.13%
May-11 $ 2.53 B $ 2.68 B $ 154.15 M 6.1%
Feb-11 $ 2.18 B $ 2.25 B $ 76.88 M 3.53%
Nov-10 $ 1.97 B $ 2.12 B $ 149.39 M 7.58%
Aug-10 $ 2.27 B $ 2.34 B $ 72.99 M 3.22%

M = millions, B = billions.
Differences are rounded.
Some one-time items are often excluded in reported EPS.

paid2trade.com Quarterly Estimates And Actual EPS results KMX

Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for KMX:

paid2trade.com short interest tool. The total short interest number of shares for KMX

The number of days to cover short interest based on average daily trading volume for KMX:

paid2trade.com number of days to cover short interest based on average daily trading volume for KMX

Bed Bath & Beyond Inc. (NASDAQ:BBBY) is scheduled to release last fiscal quarter's results after the closing bell on December 21, 2011.

BBBY trades an average of 1.7 million shares per day.

52-Week High: $63.83
52-Week Low: $44.79
Book Value: $15.99
Float Short: 1.85%

On average, 18 analysts are expecting a drop of $-0.05 in earnings per share compared to last quarter's results of $0.93. Investors will be looking to see a number north of $0.88 per share, based on the earnings estimates. Analyst estimates range between $0.85 and $0.93 per share.

The current trailing twelve months (ttm) P/E ratio is 17.3. The forward P/E ratio is 16. Revenue year-over-year has increased to $8.76 billion for 2011 vs. $7.83 billion for 2010. The bottom line has rising earnings year-over-year of $791.33 million for 2011 vs. $600.03 million for 2010.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $1.29 billion for 2011 vs. $980.69 million for 2010.Rising revenue along with rising earnings is a welcomed in this economy.

After some others, including Best Buy (NYSE:BBY) reported weakness, Bed Bath & Beyond stock showed some weakness in an otherwise very strong uptrend. All the moving averages are pointing higher with the chart looking very favorable for a bullish trend follower.

Here is a look at the fiscal year revenue:

paid2trade.com revenue gross bar chart for BBBY

Gross reported revenue compared to the mean estimate (rounded):

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Aug-11 $ 2.31 B $ 2.31 B $ 2.97 M 0.13%
May-11 $ 2.08 B $ 2.11 B $ 32.96 M 1.59%
Feb-11 $ 2.39 B $ 2.50 B $ 113.43 M 4.74%
Nov-10 $ 2.11 B $ 2.19 B $ 80.78 M 3.82%
Aug-10 $ 2.10 B $ 2.14 B $ 36.92 M 1.76%

M = millions, B = billions.
Differences are rounded.
Some one-time items are often excluded in reported EPS.

paid2trade.com Quarterly Estimates And Actual EPS results BBBY

Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for BBBY:

paid2trade.com short interest tool. The total short interest number of shares for BBBY

The number of days to cover short interest based on average daily trading volume for BBBY:

paid2trade.com number of days to cover short interest based on average daily trading volume for BBBY

Please feel free to share your thoughts and comments.

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the confirmed symbols from earnings.com that I believe to be of the most interest.

Source: Earnings Preview: CarMax, Bed Bath & Beyond Report Results Wednesday