Jefferies Raises Price Target on America's Car Mart (CRMT) Following 2Q Beat
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America's Car-Mart Reports Diluted Earnings per Share of $.62 on Revenue Increase of 12.9% to $150 Million
November 17, 2016 4:53 PM ESTBENTONVILLE, Ark., Nov. 17, 2016 (GLOBE NEWSWIRE) -- Americas Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the second quarter of fiscal 2017.
Highlights of second quarter operating results:
Net income of $5.0 million $.62 per diluted share vs. ($.06) per diluted share ($.29 per diluted share excluding a $3 million non-cash after-tax charge resulting from an increase to the allowance for credit losses) for prior year quarterRevenues of $150 million compared to $133 million for the prior... More
