America's Car-Mart, Inc. (NASDAQ:CRMT) is reporting second quarter earnings results on Monday 16th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 2.29 per share from $ 205.99 million in revenue.
For the full year, analysts predict revenues of $ 813.36 million, while looking forward to income of $ 9.91 per share.
Previous Quarter Performance
America's Car-Mart, Inc. unveiled income for the first quarter of $ 2.83 per share, from the revenue of $ 187.91 million. The quarterly earnings 28.05 percent compared with the same quarter last year. Street analysts expected America's Car-Mart, Inc. to report income of $ 1.45 per share on revenue of $ 167.67 million for the first quarter. The bottom line results beat street analysts by $ 1.38 or 95.17 percent, at the same time, top line results outshined analysts by $ 20.24 million or 12.07 percent.
Stock Performance
On Friday, shares of America's Car-Mart, Inc. has traded high as $ 98.09 and has cracked $ 95.07 on the downward trend, reaching $ 97.61 with volume of 32.00 thousand shares.
According to the previous trading day, closing price of $ 97.61, representing a 169.24 % increase from the 52 week low of $ 35.18 and a 26.97 % decrease over the 52 week high of $ 129.70.
The company has a market capital of $ 667.85 million and is part of the Services sector and Auto Dealerships industry.
Americas Car-Mart, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company primarily sells older model used vehicles and provides financing for its customers. As of May 21, 2019, it operated 144 dealerships.
