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America's Car-Mart Inc.'s stock tumbled 17% Tuesday and weighed on rivals, after the used-car retailer swung to a surprise fiscal second-quarter loss and posted revenue that lagged estimates.
ROGERS, Ark., Nov. 03, 2023 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ: CRMT) today announced it will release fiscal 2024 second quarter financial results on Tuesday, December 5, 2023, before the market opens and senior management will host a conference call at 11:00 a.m. ET to discuss the results.
Wall Street didn't like the company's lower earnings per share in the last quarter. The company's sales and gross profit per car sold are performing well.
For its fiscal Q1 2024, America's Car-Mart beat expectations on revenues, but missed badly on earnings. Management attributed the earnings decline to its need to increase its provisions against loan losses.
ROGERS, Ark., Aug. 08, 2023 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ: CRMT) today announced it will release fiscal 2024 first quarter financial results on Tuesday, September 5th, 2023, before the market opens and senior management will host a conference call at 11:00 am ET to discuss the results.
ROGERS, Ark., Aug. 04, 2023 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ: CRMT) today announced it will release fiscal 2024 first quarter financial results on Tuesday, August 22, 2023, before the market opens and senior management will host a conference call at 11:00 a.m ET to discuss the results.
America's Car-Mart (CRMT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
America's Car-Mart (CRMT) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $4.01 per share a year ago.
ROGERS, Ark., May 10, 2023 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ: CRMT) today announced it will release fiscal 2023 fourth quarter financial results on Wednesday, May 24, 2023, before the market opens and senior management will host a conference call at 11:00 a.m ET to discuss the results.
America's Car-Mart, Inc. missed earnings estimates once more in fiscal Q3 2023. Management continues to double down on investments in people, inventory, digital and procurement in an effort to gain market share.