America's Car-Mart Q4 EPS $0.32 Misses $1.13 Estimate, Sales $388.30M Beat $352.87M Estimate
Portfolio Pulse from Benzinga Newsdesk
America's Car-Mart reported Q4 earnings of $0.32 per share, missing the analyst consensus estimate of $1.13 by 71.68%. Sales were $388.30M, beating the estimate of $352.87M by 10.04%. This is a 92.02% decrease in earnings and a 10.36% increase in sales compared to the same period last year.
May 24, 2023 | 12:03 pm
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America's Car-Mart's Q4 earnings missed estimates by 71.68% at $0.32 per share, while sales beat estimates by 10.04% at $388.30M.
America's Car-Mart's Q4 earnings missed analyst estimates by a significant margin of 71.68%, which is likely to negatively impact the stock price in the short term. However, the company's sales beat estimates by 10.04%, which could provide some support to the stock price. Overall, the negative earnings surprise is expected to outweigh the positive sales surprise, leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100