America's Car-Mart to talk 3rd-quarter results

Posted: February 18, 2014 at 9 a.m.

Bentonville-based America's Car-Mart Inc. will release its third-quarter 2014 financial results after the stock market closes Tuesday.

The buy-here-pay-here used-car dealer in November reported second-quarter net income of $5.8 million, or 61 cents per share, which was 20 percent below the year-ago period and missed analysts’ average estimates of 80 cents a share. Executives cited a challenging competitive environment.

For the third-quarter that ended Jan. 14, five analysts surveyed by Yahoo Finance have projected an average earnings-per-share estimate of 70 cents.

After third-quarter results are announced, senior management will hold a conference call to discuss them at 10 a.m. Wednesday, which will be accessible by calling (877) 776-4031 about 10 minutes in advance or by visiting the company's website, www.car-mart.com, the company said. A conference all replay will be available by calling (855) 859-2056 and using the ID number 59350030.

America's Car-Mart has 130 locations in Alabama, Arkansas, Georgia, Indiana, Kentucky, Mississippi, Missouri, Oklahoma, Tennessee, and Texas.


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