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America's Car-Mart, Inc. (CRMT)
:CRMT
Earnings Data
Report Date
May 26, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.86Last Year’s EPS
0.06Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Mar 06, 2025
|% Change Since: 42.15%
|Next Earnings Date:May 26, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted several positive developments, including increased revenue, sales volume growth, and successful capital transactions. However, challenges such as rising delinquencies, increased SG&A expenses, and a difficult customer environment were noted. The company's strategic investments and leadership additions position it well for future growth.Company Guidance
During America's Car-Mart's third quarter fiscal 2025 earnings call, the company provided several key metrics and updates. The ABL facility was extended and upsized to $350 million, maturing in March 2027, while a $200 million ABS transaction was completed with a weighted average life-adjusted coupon of 6.49%, representing a 95 basis point improvement. Sales volumes increased by 13.2%, driven by an early tax season promotion, despite a 90 basis point decline in average selling prices. Gross margin improved to 35.7% from 34.2%. Delinquencies rose by 40 basis points to 3.7% by quarter-end, yet improved post-January. Net charge-offs improved to 6.1%, down from 6.8% in the prior year. Additionally, SG&A expenses increased by 6.7% due to acquisitions and compensation, while interest expense rose slightly by $192,000. Overall, the company noted enhancements from its loan origination system and focused on maintaining quality credit in a challenging environment.Revenue Increase
Total revenue increased by 8.7% despite average selling prices declining by 90 basis points. Higher sales volume and a 5.1% increase in interest income were primary drivers.
Sales Volume Growth
Sales volumes were up 13.2% for the quarter, driven by the acceleration of the annual tax season promotion and improved lead management.
Gross Margin Improvement
Gross margin improved to 35.7% from 34.2% in the prior year, aided by better vehicle procurement and disposal practices.
Improved Net Charge-offs
Net charge-offs as a percentage of average finance receivables improved to 6.1% from 6.8% in the prior year.
Successful Capital Transactions
Completed an extension and upsizing of the ABL facility to $350 million and a $200 million ABS transaction, improving capital structure.
Leadership Additions
Hired Sam Smith as Vice President of Capital Markets and Treasury and Josh Smith as Chief Technology Officer, bringing extensive experience to the team.
CRMT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CRMT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 06, 2025 | $38.36 | $44.47 | +15.93% |
Dec 05, 2024 | $45.70 | $53.00 | +15.97% |
Sep 04, 2024 | $59.68 | $50.34 | -15.65% |
Jun 18, 2024 | $61.78 | $57.81 | -6.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does America's Car-Mart, Inc. (CRMT) report earnings?
America's Car-Mart, Inc. (CRMT) is schdueled to report earning on May 26, 2025, TBA Not Confirmed.
What is America's Car-Mart, Inc. (CRMT) earnings time?
America's Car-Mart, Inc. (CRMT) earnings time is at May 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CRMT EPS forecast?
CRMT EPS forecast for the fiscal quarter 2025 (Q4) is 0.86.
