America’s Car-Mart (NASDAQ:CRMT) will report earnings after markets close on Thursday, May 23rd. America’s Car-Mart, Inc, sells and finances the sale of used automobiles and trucks. The Company operates its dealerships primarily in small cities and rural locations throughout the South-Central United States and provides financing for substantially all of its customers. Car-Mart’s customers are principally consumers with limited or damaged credit histories.
Here is your Cheat Sheet to America’s Car-mart Earnings:
Earnings Expectations: Analysts expect earnings of $0.93 per share on revenues of $119.20 million. Currently, the company’s P/E ratio stands at 14.13.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.82 to a profit $0.86. For the current year, the average estimate is a profit of $3.36, which is better than the estimate ninety days ago.
Here’s how America’s Car-mart has been performing on an annual basis:
|Revenue ($) in millions||299||339||379||430|
|Diluted EPS ($)||1.52||2.27||2.54||3.24|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||113.48||110.00||110.22||118.92|
|Diluted EPS ($)||0.97||0.83||0.76||0.84|
America’s Car-mart has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)