America's Car-Mart Q1 EPS $(0.15) Vs. Diluted Earnings Per Share Of $0.63 YoY, Sales $347.76M Beat $338.78M Estimate
Portfolio Pulse from Benzinga Newsdesk
America's Car-Mart reported a Q1 EPS loss of $(0.15), missing the consensus estimate of $0.66, and a significant decrease from last year's $0.63 EPS. However, sales of $347.76M beat the estimate of $338.78M.
September 04, 2024 | 11:39 am
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America's Car-Mart reported a Q1 EPS loss of $(0.15), missing the consensus estimate of $0.66, and a significant decrease from last year's $0.63 EPS. However, sales of $347.76M beat the estimate of $338.78M.
The significant miss on EPS compared to the estimate and the previous year's performance is likely to negatively impact the stock price in the short term. Although sales beat estimates, the overall financial performance is weaker, which could lead to investor concerns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100