Copart: Q1 Earnings Insights

Copart CPRT reported its Q1 earnings results on Thursday, November 16, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Copart beat estimated earnings by 9.38%, reporting an EPS of $0.35 versus an estimate of $0.32.

Revenue was up $126.63 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 2.16% drop in the share price the next day.

Here's a look at Copart's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.32 0.32 0.29 0.28
EPS Actual 0.34 0.36 0.31 0.26
Revenue Estimate 962.91M 1.01B 937.06M 898.80M
Revenue Actual 997.59M 1.02B 956.72M 893.37M

To track all earnings releases for Copart visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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