Copart Inc reports results for the quarter ended January 31 - Earnings Summary

Copart

21/02/2025 05:22

* Copart Inc  CPRT.OQ  reported quarterly adjusted earnings
of 40
cents​​ per share for the quarter ended January 31, higher than
the same quarter last year, when the company reported EPS of 33
cents.  The mean expectation of seven analysts for the quarter
was for earnings of 37 cents per share. Wall Street expected
results to range from 34 cents to 38 cents per share.
    * Revenue rose 14% to $1.16 billion from a year ago;
analysts
expected $1.13 billion. 
    * Copart Inc's reported EPS for the quarter was 40 cents​.
    * The company reported quarterly net income of $387.4
million.
    * Copart Inc shares had risen by 1.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for Copart Inc is
$64.00 
This summary was machine generated from LSEG data February 21 at
05:22 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2025      0.37           0.40           Beat
 Oct. 31 2024      0.37           0.37           Met
 Jul. 31 2024      0.36           0.33           Missed
 Apr. 30 2024      0.39           0.39           Met