Top Wall Street Forecasters Revamp America's Car-Mart Expectations Ahead Of Q4 Earnings

America’s Car-Mart, Inc. CRMT will release its fourth-quarter financial results before the opening bell on Thursday, June 12.

Analysts expect the Rogers, Arkansas-based company to report quarterly earnings at 86 cents per share, up from 6 cents per share in the year-ago period. America’s Car-Mart projects quarterly revenue of $343.5 million, compared to $364.67 million a year earlier, according to data from Benzinga Pro.

On May 30, America’s Car-Mart completed $216 million term securitization.

America’s Car-Mart shares gained 3.5% to close at $57.74 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Today's Best Finance Deals

Stephens & Co. analyst Kyle Joseph initiated coverage on the stock with an Equal-Weight and a price target of $61 on Nov. 13, 2024. This analyst has an accuracy rate of 61%.
BTIG analyst Vincent Caintic initiated coverage on the stock with a Neutral rating on June 7, 2024. This analyst has an accuracy rate of 49%.
B of A Securities analyst John Murphy maintained an Underperform rating and cut the price target from $55 to $50 on April 10, 2024. This analyst has an accuracy rate of 53%.

Considering buying CRMT stock? Here’s what analysts think: