America's Car-Mart Reports Diluted Earnings per Share of $1.83 on Revenues of $187 Million
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America's Car Mart (CRMT) Tops Q3 EPS by 6c, Revenues Beat
February 19, 2020 5:03 PM ESTAmerica's Car Mart (NASDAQ: CRMT) reported Q3 EPS of $1.83, $0.06 better than the analyst estimate of $1.77. Revenue for the quarter came in at $187 million versus the consensus estimate of $171.47 million.
Highlights of third quarter operating results:
Net earnings of $12.7 million, or $1.83 per diluted share vs. net earnings of $10.9 million, or $1.55 per diluted share for prior year quarterRevenues of $187 million compared to $161 million for the prior year quarter; current quarter includes same store revenue increase of 15.1%Sales volume productivity of 30.6 retail units sold per store per month, up from 27.9 for the prior year... More