Car-Mart(CRMT)
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Car-Mart(CRMT) - 2025 Q1 - Earnings Call Transcript
2024-09-04 14:37
America's Car-Mart, Inc. (NASDAQ:CRMT) Q1 2025 Earnings Conference Call September 4, 2024 9:00 AM ET Company Participants Vickie Judy - Chief Financial Officer Doug Campbell - President & Chief Executive Officer Conference Call Participants John Hecht - Jefferies Vincent Caintic - BTIG Operator Good day, and thank you for standing by. Welcome to the America's Car-Mart's First Quarter Fiscal 2025 Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentati ...
America's Car-Mart (CRMT) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2024-09-04 14:06
America's Car-Mart (CRMT) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of $0.57. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -126.32%. A quarter ago, it was expected that this auto retailer would post earnings of $0.06 per share when it actually produced earnings of $0.06, delivering no surprise. Over the last four quarters, the company has not bee ...
Car-Mart(CRMT) - 2025 Q1 - Quarterly Results
2024-09-04 11:30
EXHIBIT 99.1 America's Car-Mart Reports First Quarter Fiscal Year 2025 Results ROGERS, Ark., Sept. 04, 2024 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ: CRMT) ("we," "Car-Mart" or the "Company"), today reported financial results for the first quarter ended July 31, 2024. First Quarter Key Highlights (FY'25 vs. FY'24 Q1, unless otherwise noted) Revenue was $347.8 million, down 5.2% Interest income increased $4.1 million, up 7.2% Total collections increased 4.3% to $172.9 million Favorable adjustment ...
America's Car-Mart Reports First Quarter Fiscal Year 2025 Results
GlobeNewswire News Room· 2024-09-04 11:30
ROGERS, Ark., Sept. 04, 2024 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ: CRMT) ("we," "Car-Mart" or the "Company"), today reported financial results for the first quarter ended July 31, 2024. First Quarter Key Highlights (FY'25 vs. FY'24 Q1, unless otherwise noted) Revenue was $347.8 million, down 5.2% Interest income increased $4.1 million, up 7.2% Total collections increased 4.3% to $172.9 million Favorable adjustment to allowance for credit loss to 25.0%, down from 25.32% Net charge-offs as a % ...
Earnings Preview: America's Car-Mart (CRMT) Q1 Earnings Expected to Decline
ZACKS· 2024-08-28 15:00
America's Car-Mart (CRMT) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on September 4, 2024, might help the stock move higher if these key numbers are better ...
Car-Mart(CRMT) - 2024 Q4 - Annual Report
2024-07-15 20:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 2054 ____________________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-14939 ____________________________ AMERICA'S CAR-MART, INC. (Exact name of registrant as specified in its char ...
America's Car-Mart Is A Clunker
Seeking Alpha· 2024-06-18 21:09
As great as this was to see, the company's bottom line actually took a hit, with net income falling from $2.1 million to only $0.4 million. There were a couple of drivers behind this bottom-line pain. For starters, the provision for credit losses for the company increased from 26.4% of sales to 28%. Using the revenue generated in the final quarter of last year, that's an extra $5.8 million in pre-tax costs that investors would have seen this year compared to last year. In addition to this, interest expense ...
S&P 500 Edges Higher; America's Car-Mart Shares Tumble After Q4 Earnings
Benzinga· 2024-06-18 19:07
Loading... The Dow traded down 0.02% to 38,771.09 while the NASDAQ fell 0.03% to 17,851.60. The S&P 500 also rose, gaining, 0.13% to 5,480.41. Information technology shares jumped by 0.6% on Tuesday. Top Headline The company reported a fourth-quarter FY24 sales decline of 5.8% year-on-year to $364.67 million, beating the analyst consensus estimate of $361.47 million. EPS of 6 cents missed the analyst consensus estimate of 89 cents. Equities Trading DOWN Also Check This Out: How To Earn $500 A Month From Jab ...
Car-Mart(CRMT) - 2024 Q4 - Earnings Call Transcript
2024-06-18 14:33
While weÂ've made progress, any business is going to have expense headwinds on an annual basis across a variety of areas. However, we feel confident that we have line of sight to opportunities that will allow us to be well below the historical annual increases. Before I close, IÂ'd like to point out some of our full-year highlights covered in the release this morning. While revenue was down slightly, 50 basis points for the year due to lower unit volume, we were pleased with our 120 basis points increase in ...
America's Car-Mart (CRMT) Q4 Earnings Match Estimates
ZACKS· 2024-06-18 13:40
A quarter ago, it was expected that this auto retailer would post a loss of $1.10 per share when it actually produced a loss of $1.34, delivering a surprise of -21.82%. What's Next for America's Car-Mart? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Ahead of this e ...