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

Copart

20/02/2023 22:57

* Copart Inc  CPRT.OQ  reported quarterly adjusted earnings
of 61
cents​​ per share for the quarter ended in January. The mean
expectation of eight analysts for the quarter was for earnings
of 57 cents per share.
    * Revenue rose 10.3% to $956.72 million from a year ago;
analysts
expected $930.38 million. 
    * Copart Inc's reported EPS for the quarter was 61 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Copart Inc shares had risen by 13.2% this quarter.
    * The company reported quarterly net income of $293.68
million.
    * Wall Street's median 12-month price target for Copart Inc
is
$74.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
20 at 10:56 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      0.57           0.61           Beat
 Oct. 31 2022      0.56           0.51           Missed
 Jul. 31 2022      0.55           0.57           Beat
 Apr. 30 2022      0.57           0.59           Beat