Stock Analysis

America's Car-Mart Full Year 2024 Earnings: EPS Misses Expectations

NasdaqGS:CRMT
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America's Car-Mart (NASDAQ:CRMT) Full Year 2024 Results

Key Financial Results

  • Revenue: US$1.39b (flat on FY 2023).
  • Net loss: US$31.4m (down by 254% from US$20.4m profit in FY 2023).
  • US$4.92 loss per share (down from US$3.20 profit in FY 2023).

CRMT Sales Performance

  • Like-for-like sales growth: Down 1.0% vs FY 2023.
earnings-and-revenue-growth
NasdaqGS:CRMT Earnings and Revenue Growth June 20th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

America's Car-Mart EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.7%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.8% growth forecast for the Specialty Retail industry in the US.

Performance of the American Specialty Retail industry.

The company's shares are down 10% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for America's Car-Mart you should know about.

Valuation is complex, but we're helping make it simple.

Find out whether America's Car-Mart is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Valuation is complex, but we're helping make it simple.

Find out whether America's Car-Mart is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com