Copart Q4 revenue up 5.2% but misses estimates

Copart

04/09/2025 21:24

Overview

Copart fiscal Q4 revenue rises 5.2%, but misses analysts' expectations

Net income for fiscal Q4 increased 22.9% to $396 mln

Fully diluted EPS for fiscal Q4 rose 24.2% to $0.41

Result Drivers

SERVICE REVENUES - Service revenues increased by 7.1%, contributing to overall revenue growth

VEHICLE SALES DECLINE - Vehicle sales decreased by 4%, impacting total revenue

OPERATING EXPENSES - Operating expenses remained stable with a slight increase of 0.4%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$1.12 bln
$1.14 bln (7 Analysts)
Q4 EPS
$0.41
Q4 Net Income
$395.31 mln
Q4 Gross Profit
$509.72 mln
Q4 Operating Expenses
$712.51 mln
Q4 Operating Income
$412.59 mln
Q4 Pretax Profit
$478.41 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for Copart Inc is $62.00, about 22.4% above its September 3 closing price of $48.12

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 30 three months ago

Press Release: ID:nBw69s24Ja

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)