America's Car-Mart (CRMT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for America's Car-Mart (CRMT) due to higher revenues, with a focus on how actual results will compare to estimates [1][2] Earnings Expectations - The upcoming earnings report is expected to show a quarterly loss of $0.01 per share, reflecting a significant year-over-year change of +99.3$301.7 million, which is an increase of 0.7% from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4] - The Zacks Earnings ESP model suggests that recent estimate revisions may provide insights into the company's business conditions [5][6] Earnings Surprise Prediction - America's Car-Mart has a positive Earnings ESP of +600%, indicating that analysts have recently become more optimistic about the company's earnings prospects [10] - The company currently holds a Zacks Rank of 2, suggesting a strong likelihood of beating the consensus EPS estimate [11] Historical Performance - In the last reported quarter, America's Car-Mart was expected to post earnings of $0.05 per share but instead reported a loss of$0.24, resulting in a surprise of -580% [12] - The company has not beaten consensus EPS estimates in any of the last four quarters [13] Conclusion - While the potential for an earnings beat exists, other factors may also influence stock movement, making it essential to consider the broader context [14][16] - Monitoring the Earnings ESP and Zacks Rank can enhance the likelihood of successful investment decisions ahead of earnings releases [15]