America’s Car-Mart: Fiscal 2Q Earnings Snapshot

November 18, 2019

BENTONVILLE, Ark. (AP) _ America’s Car-Mart Inc. (CRMT) on Monday reported fiscal second-quarter earnings of $13.9 million.

On a per-share basis, the Bentonville, Arkansas-based company said it had net income of $2.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.85 per share.

The auto retailer posted revenue of $190.3 million in the period.

America’s Car-Mart shares have risen 25% since the beginning of the year. In the final minutes of trading on Monday, shares hit $90.72, an increase of 8% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRMT at https://www.zacks.com/ap/CRMT