AP NEWS

America’s Car-Mart: Fiscal 3Q Earnings Snapshot

February 19, 2019

BENTONVILLE, Ark. (AP) _ America’s Car-Mart Inc. (CRMT) on Tuesday reported fiscal third-quarter earnings of $10.9 million.

On a per-share basis, the Bentonville, Arkansas-based company said it had net income of $1.55.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.

The auto retailer posted revenue of $161.1 million in the period.

America’s Car-Mart shares have increased 13 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $82.20, a climb of 78 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRMT at https://www.zacks.com/ap/CRMT