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America's Car-Mart: Fiscal 4Q Earnings Snapshot

BENTONVILLE, Ark. (AP) _ America's Car-Mart Inc. (CRMT) on Tuesday reported fiscal fourth-quarter net income of $14.6 million.

The Bentonville, Arkansas-based company said it had net income of $2.07 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share.

The auto retailer posted revenue of $176.9 million in the period.

For the year, the company reported profit of $47.6 million, or $6.73 per share. Revenue was reported as $669.1 million.

America's Car-Mart shares have risen 41% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $101.89, an increase of 86% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRMT at https://www.zacks.com/ap/CRMT