America's CAR-MART Inc reports results for the quarter ended October 31 - Earnings Summary
05/12/2024 14:32
* America's CAR-MART Inc CRMT.OQ reported quarterly
adjusted
earnings of 61 cents per share for the quarter ended October
31, higher than the same quarter last year, when the company
reported EPS of $-4.30. The mean expectation of five analysts
for the quarter was for a loss of 10 cents per share. Wall
Street expected results to range from -53 cents to 12 cents per
share.
* Revenue fell 4% to $347.27 million from a year ago;
analysts
expected $338.33 million.
* America's CAR-MART Inc's reported EPS for the quarter was
61
cents.
* The company reported quarterly net income of $5.09
million.
* America's CAR-MART Inc shares had risen by 9.0% this
quarter and
lost 39.7% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 175.4% 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 1 "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 $46.00
This summary was machine generated from LSEG data December 5 at
02:31 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
Oct. 31 2024 -0.10 0.61 Beat
Jul. 31 2024 0.66 -0.15 Missed
Apr. 30 2024 0.89 0.06 Missed
Jan. 31 2024 -0.65 -1.34 Missed