ROGERS, Ark. (AP) _ America’s Car-Mart Inc. (CRMT) on Monday reported fiscal fourth-quarter profit of $43.5 million.
On a per-share basis, the Rogers, Arkansas-based company said it had profit of $6.19.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.69 per share.
The auto retailer posted revenue of $279.1 million in the period.
For the year, the company reported profit of $104.1 million, or $14.95 per share. Revenue was reported as $918.6 million.
America’s Car-Mart shares have risen 36% since the beginning of the year. In the final minutes of trading on Monday, shares hit $149.63, an increase of 93% in the last 12 months.
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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
The Associated Press
