Copart Inc expected to post earnings of 36 cents a share - Earnings Preview

Copart

02/09/2024 21:19

* Copart Inc  CPRT.OQ   CPRT.O  is expected to show a rise
in
quarterly revenue when it reports  results on September 4 for
the period ending July 31 2024
    * The Dallas Texas-based  company is expected to report a
8.4% increase in revenue to $1.081 billion from $997.59 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Copart Inc is for
earnings of
36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Copart Inc
is
$60.17​, above​ its last closing price of $52.96. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  0.38        0.39       0.39      Met     1.1
 Jan. 1 2024   0.35        0.35       0.33      Missed  -4.8
 Oct. 31 2023  0.32        0.33       0.34      Beat    4.6​
 Jul. 31 2023  0.33        0.32       0.34      Beat    4.9
 ​​Apr.        0.32        0.32       0.36      Beat    12.5
 30 2023                                                
 Jan. 31 2023  0.29        0.29       0.31      Beat    6.3​
 Oct. 31 2022  0.28        0.28       0.26      Missed  -9.4
 Jul. 31 2022  0.28        0.27       0.28      Beat    2.8
 This summary was machine generated September 2 at 20:19 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)