Copart Inc expected to post earnings of 37 cents a share - Earnings Preview

Copart

19/11/2024 21:02

* Copart Inc  CPRT.OQ   CPRT.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 21 for
the period ending October 31 2024
    * The Dallas Texas-based  company is expected to report a
7.8% increase in revenue to $1.1 billion from $1.02 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Copart Inc is for
earnings of
37 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Copart Inc
is
$60.00​, above​ its last closing price of $56.63. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2024  0.36        0.36       0.33      Missed  -9.1
 Apr. 30 2024  0.38        0.39       0.39      Met     1.1
 Jan. 31 2024  0.35        0.35       0.33      Missed  -4.8​
 Oct. 31 2023  0.32        0.33       0.34      Beat    4.6
 ​​Jul.        0.33        0.32       0.34      Beat    4.9
 31 2023                                                
 Apr. 30 2023  0.32        0.32       0.36      Beat    12.5​
 Jan. 31 2023  0.29        0.29       0.31      Beat    6.3
 Oct. 31 2022  0.28        0.28       0.26      Missed  -9.4
 This summary was machine generated November 19 at 21:02 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)