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