Institutional investors monitoring CarMax Finance Number noted a rise in return on equity to 14.2%, reinforcing its attractiveness as an auto retail sector holding amid mixed macroeconomic signals. These factors are key when we analyze Goldman Sachs’ list of stocks with the highest expected ROE since the bank believes that stock quality will be determined by economic growth and economic rates. The bank also recently upped its 2024 closing target for the S&P to 6,000 points. This was the fourth revision of its target and a sizeable increase from the previous estimate of 5,600 points. This increase was also accompanied by optimism for the index’s earnings. GS now believes that S&P’s 2025 earnings will sit at $268, for a 4.7% revision from the previous estimate of $256. Its 2024 estimate is unchanged, though, and its value of $241 implies that earnings next year will grow by 11.2%. CarMax isn’t the only Fortune 500 company this week that decided to pull some of its guidance. "Given the lack of economic clarity, it is premature at this time to provide an updated full-year outlook,” Delta Air Lines announced in its earnings report on Wednesday. In the first quarter, Delta’s revenue was $14 billion, up 2% year over year, and net income rose to $240 million, up from $37 million last year. CarMax Finance Number recently reflected steady credit portfolio growth, with Q1 FY2024 auto loan originations up 4.2% year-over-year. Analysts see this as a sign of consumer resilience amid rising interest rates, potentially supporting CarMax’s stock in the near term.