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

Copart

14/09/2023 22:40

* Copart Inc  CPRT.OQ  reported quarterly adjusted earnings
of 34
cents​​ per share for the quarter ended in July. The mean
expectation of eight analysts for the quarter was for earnings
of 32 cents per share.
    * Revenue rose 12.9% to $997.59 million from a year ago;
analysts
expected $962.91 million. 
    * Copart Inc's reported EPS for the quarter was 36 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Copart Inc shares had fallen by 2.8% this quarter and
gained 45.5% so far this year.
    * The company reported quarterly net income of $347.79
million.
    * Wall Street's median 12-month price target for Copart Inc
is
$47.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
September 14 at 09:39 p.m. UTC. ​All figures in US dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.32           0.34           Beat
 Apr. 30 2023      0.32           0.36           Beat
 Jan. 31 2023      0.29           0.31           Beat
 Oct. 31 2022      0.28           0.26           Missed