America's Car-Mart (CRMT) Reports Q2 Loss, Tops Revenue Estimates

Group 1: Earnings Performance - America's Car-Mart reported a quarterly loss of $0.24 per share, significantly worse than the Zacks Consensus Estimate of $0.05, representing an earnings surprise of -580% [1] - The company posted revenues of $347.27 million for the quarter ended October 2024, slightly exceeding the Zacks Consensus Estimate by 0.48%, but down from $361.58 million a year ago [2] - Over the last four quarters, America's Car-Mart has not surpassed consensus EPS estimates [2] Group 2: Stock Performance and Outlook - Shares of America's Car-Mart have declined approximately 39.7% since the beginning of the year, contrasting with the S&P 500's gain of 27.6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.04 on revenues of $297.02 million, and for the current fiscal year, it is $0.65 on revenues of $1.36 billion [7] - The estimate revisions trend for America's Car-Mart is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Group 3: Industry Context - The Automotive - Retail and Whole Sales industry, to which America's Car-Mart belongs, is currently ranked in the bottom 44% of over 250 Zacks industries, suggesting potential challenges ahead [8]