America's CAR-MART Inc reports results for the quarter ended in April - Earnings Summary
18/06/2024 14:52
* America's CAR-MART Inc CRMT.OQ reported quarterly
adjusted
earnings of 6 cents per share for the quarter ended in April,
lower than the same quarter last year, when the company reported
EPS of 32 cents. The mean expectation of four analysts for the
quarter was for earnings of 89 cents per share. Wall Street
expected results to range from 35 cents to $1.71 per share.
* Revenue fell 6.1% to $364.67 million from a year ago;
analysts
expected $361.47 million.
* America's CAR-MART Inc's reported EPS for the quarter was
6
cents.
* The company reported quarterly net income of $416
thousand.
* America's CAR-MART Inc shares had fallen by 3.3% this
quarter and lost 18.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 39.3%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the auto
vehicles,
parts & service retailers peer group is also "hold"
Wall Street's median 12-month price target for America's
CAR-MART Inc is $68.00
This summary was machine generated from LSEG data June 18 at
01:51 p.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Apr. 30 2024 0.89 0.06 Missed
Jan. 31 2024 -0.65 -1.34 Missed
Oct. 31 2023 0.79 -4.30 Missed
Jul. 31 2023 0.91 0.63 Missed