Earnings Outlook For America's Car-Mart
Portfolio Pulse from Benzinga Insights
America's Car-Mart (NASDAQ:CRMT) is expected to release its quarterly earnings report on Tuesday, 2023-12-05, with analysts estimating an EPS of $0.78. Investors are looking for an earnings beat and positive guidance for future growth. Historical data shows that the company's stock price is sensitive to earnings performance and guidance. Last quarter, CRMT missed EPS estimates by $0.35, resulting in a 3.24% share price drop. Over the past year, CRMT shares have increased by 4.94%, indicating a generally positive sentiment among long-term shareholders.
December 04, 2023 | 3:01 pm
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NEUTRAL IMPACT
America's Car-Mart is anticipated to report quarterly earnings with an EPS estimate of $0.78. Historical performance shows sensitivity to earnings outcomes and guidance, with a notable 3.24% drop after last quarter's miss. Shares have risen 4.94% over the past 52 weeks.
The short-term impact on CRMT's stock price will likely hinge on whether the company meets or exceeds the EPS estimate and provides positive future guidance. Historical data suggests that the stock reacts notably to earnings reports, but the overall positive trend over the past year may buffer extreme volatility. The score is neutral due to the uncertainty of the actual earnings outcome and the mixed historical price reactions.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100