America’s Car-Mart (CRMT) Lags Q2 Earnings Estimates

America’s Car-Mart (NASDAQ:) came out with quarterly earnings of $3.33 per share, missing the Zacks Consensus Estimate of $3.41 per share. This compares to earnings of $3.05 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -2.35%. A quarter ago, it was expected that this auto retailer would post earnings of $3.55 per share when it actually produced earnings of $3.57, delivering a surprise of 0.56%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

America’s Car-Mart, which belongs to the Zacks Automotive – Retail and Whole Sales industry, posted revenues of $288.3 million for the quarter ended October 2021, surpassing the Zacks Consensus Estimate by 2.03%. This compares to year-ago revenues of $223.36 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of

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Is America’s Car-Mart (CRMT) Stock a Solid Choice Right Now?


3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’

Do you like roller coasters? According to Deutsche Bank, we’re looking at some roller coaster volatility for the next few months, with near-term gains likely, followed by a Q2 retreat, and second-half gains. The firm expects share values to fall in the next three months, perhaps by as much as 5% to 10%, for several reasons laid out by the firm’s strategist Binky Chadha. “The more front-loaded the impact of the stimulus, and the direct stimulus checks at around a quarter of the new package clearly are one off, the sharper the peak in growth is likely to be. The closer this peak in macro growth is to warmer weather (giving retail investors something else to do); and to an increased return to work at the office, the larger we expect the pullback to be,” Chadha noted. That’s

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