America's Car-Mart (CRMT) PT Raised to $45 at Jefferies

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Go back to America's Car-Mart (CRMT) PT Raised to $45 at Jefferies

America's Car-Mart Reports Diluted Earnings per Share of $.79 on Revenues of $149 Million and Announces Appointment of CFO

November 16, 2017 5:00 PM EST

BENTONVILLE, Ark., Nov. 16, 2017 (GLOBE NEWSWIRE) -- Americas Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the second quarter of fiscal year 2018.

Highlights of second quarter operating results:

Net earnings of $6.0 million $.79 per diluted share vs. net earnings of $5.0 million $.62 per diluted share for prior year quarterRevenues of $149 million compared to $150 million for the prior year quarter, current quarter includes a $1.7 million increase in interest income and same store revenue increase of 0.6%Sales volume productivity was flat with 28.4 retail units... More