America’s Car-Mart: Fiscal 1Q Earnings Snapshot

August 15, 2019 GMT

BENTONVILLE, Ark. (AP) _ America’s Car-Mart Inc. (CRMT) on Thursday reported fiscal first-quarter profit of $15.5 million.

The Bentonville, Arkansas-based company said it had profit of $2.21 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.67 per share.

The auto retailer posted revenue of $171.9 million in the period.

America’s Car-Mart shares have climbed 26% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $90.97, an increase of 40% 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