America’s Car-Mart (CRMT) came out with quarterly earnings of $2.83 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $2.21 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 91.22%. A quarter ago, it was expected that this auto retailer would post earnings of $1.33 per share when it actually produced earnings of $1.35, delivering a surprise of 1.50%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
America’s Car-Mart, which belongs to the Zacks Automotive – Retail and Whole Sales industry, posted revenues of $187.91 million for the quarter ended July 2020, surpassing the Zacks Consensus Estimate by 2.84%. This compares to year-ago revenues of $171.88 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the