America's Car-Mart Q4 EPS $0.06 Misses $0.89 Estimate, Sales $364.67M Beat $361.47M Estimate
Portfolio Pulse from Benzinga Newsdesk
America's Car-Mart (NASDAQ:CRMT) reported Q4 earnings per share of $0.06, missing the analyst estimate of $0.89 by 93.26%. Sales were $364.67M, slightly beating the estimate of $361.47M. Compared to last year, EPS decreased by 81.25% and sales decreased by 6.09%.
June 18, 2024 | 11:34 am
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NEGATIVE IMPACT
America's Car-Mart reported Q4 EPS of $0.06, missing the $0.89 estimate by a significant margin. Sales of $364.67M slightly beat the $361.47M estimate. EPS decreased by 81.25% YoY, and sales decreased by 6.09% YoY.
The significant miss on EPS compared to analyst estimates and the large YoY decrease in EPS are likely to negatively impact the stock price in the short term, despite the slight beat in sales.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100