America's Car-Mart Inc. (CRMT: Quote) reported first quarter net income of $0.83 per share after the bell Thursday, compared to $0.78 per share in the previous year. The consensus estimate was for EPS of $0.87.
America's Car-Mart gapped open lower Friday and has continued to decline on above average volume. Shares are now down 8.05 at $40.55 and have fallen to a one-month low. America's Car-Mart has also dropped below both its 50 and 200-day moving averages.
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by RTT Staff Writer
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