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