America's CAR-MART Inc reports results for the quarter ended October 31 - Earnings Summary

Reuters
05 Dec 2024
America's CAR-MART Inc reports results for the quarter ended October 31 - Earnings Summary
  • 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

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