Shares of America's Car-Mart Inc. (NASDAQ:

) are down over 11 percent in Wednesday's pre-market session following an significant

miss. The miss occurred on both the top and bottom lines. Looking at the top, America's Car-Mart posted revenues $123 million compared to a consensus estimate of approximately $133 million making a miss of around $10 million. Moving to the bottom, America's Car-Mart brought in a diluted EPS of $0.68 for the quarter compared to a consensus of $0.78. America's Car-Mart President and Chief Executive Officer, William Henderson commented, "Net charge-offs were higher in the fourth quarter than we have typically seen, and we have tried to take the necessary steps to improve in this most important area of the business. The bottom line is that too many of our customers did not successfully fulfill the requirements of their contracts." The company is scheduled to host a conference call Wednesday at 11:00 am (ET). The call can be accessed by calling (877) 776-4031 and using the call ID # 41585308.