America's Car-Mart's Earnings Outlook
Portfolio Pulse from Benzinga Insights
America's Car-Mart (NASDAQ:CRMT) is expected to report a quarterly EPS of $-0.65 on March 8, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. The company's past earnings performance shows a mix of misses and beats, with the last quarter missing EPS by $5.08, leading to a 3.98% drop in share price. Over the last year, CRMT shares have declined by 24.53%, indicating a bearish outlook among long-term shareholders.
March 07, 2024 | 2:00 pm
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America's Car-Mart is anticipated to report a quarterly EPS of $-0.65 on March 8, 2024. The focus is on beating this estimate and the future guidance. The stock has seen a 24.53% decline over the past year, with mixed past earnings performance.
The expected EPS of $-0.65 sets a cautious tone, but the real focus will be on whether CRMT can outperform this estimate and provide optimistic future guidance. Given the stock's 24.53% decline over the past year and mixed past earnings performance, the short-term impact is uncertain but leans towards neutral. Investors will closely watch for any positive surprises in earnings or guidance that could potentially reverse the bearish trend.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100