Copart: Q2 Earnings Insights

 

Copart CPRT reported its Q2 earnings results on Wednesday, February 16, 2022 at 04:00 PM.

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

Also check this out: Executives Buying These 5 Penny Stocks.

Earnings

Copart beat estimated earnings by 2.8%, reporting an EPS of $1.1 versus an estimate of $1.07.

Revenue was up $250.43 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07, which was followed by a 0.9% drop in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1 0.91 0.80 0.79
EPS Actual 1.07 1.03 1.09 0.80
Revenue Estimate 736.99M 690.87M 633.05M 628.90M
Revenue Actual 810.13M 748.63M 733.91M 617.03M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!