America's Car-Mart (CRMT) to Release Quarterly Earnings on Wednesday
America's Car-Mart (NASDAQ:CRMT) is scheduled to announce its Q115 earnings results on Wednesday, August 20th. Analysts expect the company to announce earnings of $0.62 per share and revenue of $116.33 million for the quarter.
America's Car-Mart (NASDAQ:CRMT) last posted its quarterly earnings results on Tuesday, May 27th. The company reported $0.68 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.78 by $0.10. The company had revenue of $123.00 million for the quarter, compared to the consensus estimate of $133.44 million. During the same quarter last year, the company posted $0.92 earnings per share. America's Car-Mart’s revenue was down 2.3% compared to the same quarter last year. On average, analysts expect America's Car-Mart to post $2.74 EPS for the current fiscal year and $3.16 EPS for the next fiscal year.
Shares of America's Car-Mart (NASDAQ:CRMT) opened at 37.77 on Tuesday. America's Car-Mart has a 52 week low of $34.56 and a 52 week high of $47.93. The stock has a 50-day moving average of $38.52 and a 200-day moving average of $37.20. The company has a market cap of $329.5 million and a price-to-earnings ratio of 16.67.
A number of analysts have recently weighed in on CRMT shares. Analysts at TheStreet upgraded shares of America's Car-Mart to a “buy” rating in a research note on Friday. Analysts at Bank of America initiated coverage on shares of America's Car-Mart in a research note on Friday, July 18th. They set an “underperform” rating and a $37.57 price target on the stock.
America’s Car-Mart, Inc is an automotive retailer in the United States focused on the integrated auto sales and finance segment of the used car market.
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