America's Car-Mart Reports Loss per Share of ($.06) on Revenues of $133 Million (Results Reflect a $3 Million, or $.34 per Diluted Share, Non-Cash After-Tax Charge Resulting From an Increase to t

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America's Car Mart (CRMT) Says Company-Specific Issues and Increased Competition Impacted 2Q Results; Jefferies Cuts Price Target to $29

November 23, 2015 8:51 AM EST

Jefferies maintained a Hold rating on America's Car-Mart (NASDAQ: CRMT), and cut the price target to $29.00 (from $38.00), following the company's 2Q earnings report. CRMT reported 2Q16 EPS of $0.29 versus consensus of $0.71. Total revenues of $133M shrank 0.6% YoY. On the call management noted that... More

America's Car Mart (CRMT) Misses Q2 EPS. Revenue Expectations

November 19, 2015 8:25 PM EST

America's Car Mart (NASDAQ: CRMT) reported Q2 EPS of $0.29, $0.41 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $133 million versus the consensus estimate of $151.77 million.

Retail unit sales decrease of 10% to 10,881 from 12,084 for the prior year quarter with... More