America's Car-Mart (NASDAQ:CRMT) Releases Earnings Results, Beats Expectations By $0.38 EPS

America's Car-Mart (NASDAQ:CRMT - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.37 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.38, Zacks reports. The firm had revenue of $325.73 million during the quarter, compared to analysts' expectations of $282.83 million. America's Car-Mart had a negative return on equity of 2.26% and a negative net margin of 0.29%.

America's Car-Mart Trading Up 0.2 %

CRMT traded up $0.07 during midday trading on Friday, hitting $44.54. The company's stock had a trading volume of 202,052 shares, compared to its average volume of 104,152. The firm has a market cap of $367.59 million, a P/E ratio of -54.32, a PEG ratio of 1.41 and a beta of 1.71. The firm has a 50-day moving average price of $47.17 and a two-hundred day moving average price of $47.28. America's Car-Mart has a 52-week low of $36.40 and a 52-week high of $72.26.

Analysts Set New Price Targets

CRMT has been the subject of several recent analyst reports. Stephens upgraded America's Car-Mart from a "hold" rating to a "strong-buy" rating in a report on Monday, December 2nd. StockNews.com upgraded America's Car-Mart from a "hold" rating to a "buy" rating in a report on Friday.

America's Car-Mart Company Profile

America's Car-Mart, Inc, through its subsidiaries, operates as an automotive retailer for the used car market in the United States. It primarily sells older model used vehicles and provides financing for its customers. The company was founded in 1981 and is headquartered in Rogers, Arkansas.