Copart Inc reports results for the quarter ended in April - Earnings Summary

Copart

17/05/2023 22:12

* Copart Inc  CPRT.OQ  reported quarterly adjusted earnings
of 72
cents​​ per share for the quarter ended in April. The mean
expectation of nine analysts for the quarter was for earnings of
64 cents per share.
    * Revenue rose 8.7% to $1.02 billion from a year ago;
analysts
expected $1.01 billion. 
    * Copart Inc's reported EPS for the quarter was 72 cents​.
    * The mean earnings estimate of analysts had risen by
about 4.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Copart Inc shares had risen by 8.0% this quarter and
gained 33.4% so far this year.
    * The company reported quarterly net income of $350.43
million.
    * Wall Street's median 12-month price target for Copart Inc
is
$80.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
17 at 09:12 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      0.64           0.72           Beat
 Jan. 31 2023      0.57           0.61           Beat
 Oct. 31 2022      0.56           0.51           Missed
 Jul. 31 2022      0.55           0.57           Beat