Copart(CPRT)

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Copart(CPRT) - 2024 Q2 - Earnings Call Transcript
2024-02-23 01:08
Copart, Inc. (NASDAQ:CPRT) Q2 2024 Earnings Conference Call February 22, 2024 5:30 PM ET Company Participants Jeff Liaw - Co-CEO Leah Stearns - CFO Conference Call Participants Peter Lukas - CJS Securities Daniel Imbro - Stephens Inc. Ian Davis - BNP Paribas Craig Kennison - Baird Bret Jordan - Jefferies Operator Good day, everyone, and welcome to the Copart Incorporated Second Quarter Fiscal 2024 Earnings Call. Just a reminder, today's conference is being recorded. Before turning the call over to managemen ...
Copart, Inc. (CPRT) Lags Q2 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-22 23:26
Copart, Inc. (CPRT) came out with quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.71%. A quarter ago, it was expected that this company would post earnings of $0.32 per share when it actually produced earnings of $0.34, delivering a surprise of 6.25%.Over the last four quarters, the company has ...
Copart(CPRT) - 2024 Q2 - Quarterly Results
2024-02-21 16:00
Exhibit 99.1 Copart, Inc. For Immediate Release Copart Reports Second Quarter Fiscal 2024 Financial Results Dallas, Texas February 22, 2024 — Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended January 31, 2024. For the three months ended January 31, 2024, revenue, gross profit, and net income attributable to Copart Inc. were $1.02 billion, $464.2 million, and $325.6 million, respectively. These represent an increase in revenue of $63.4 million, or 6.6%; an increase in gross p ...
Insights Into Copart, Inc. (CPRT) Q2: Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-02-19 15:20
Analysts on Wall Street project that Copart, Inc. (CPRT) will announce quarterly earnings of $0.35 per share in its forthcoming report, representing an increase of 12.9% year over year. Revenues are projected to reach $1.04 billion, increasing 9.1% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before a ...
Copart, Inc. to Release Second Quarter Fiscal 2024 Results
Businesswire· 2024-02-13 21:38
DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the second quarter of fiscal 2024 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, February 22, 2024. On Thursday, February 22, 2024, at 5:30 p.m. Eastern Time (4:30 p.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and available for access by clicking “Listen Here” at www.copart.com/investorrelations. A replay of the ca ...
Copart, Inc. (CPRT) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-02-12 23:56
Copart, Inc. (CPRT) ended the recent trading session at $50.48, demonstrating a -0.84% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.1%. Elsewhere, the Dow gained 0.33%, while the tech-heavy Nasdaq lost 0.3%.Shares of the company have appreciated by 7.02% over the course of the past month, underperforming the Business Services sector's gain of 7.93% and outperforming the S&P 500's gain of 5.78%.Analysts and investors alike will be keeping a c ...
Copart, Inc. (CPRT) Beats Stock Market Upswing: What Investors Need to Know
Zacks Investment Research· 2024-01-26 00:06
Copart, Inc. (CPRT) closed the latest trading day at $48.99, indicating a +0.7% change from the previous session's end. This move outpaced the S&P 500's daily gain of 0.53%. Elsewhere, the Dow saw an upswing of 0.64%, while the tech-heavy Nasdaq appreciated by 0.19%.Prior to today's trading, shares of the company had lost 0.47% over the past month. This has lagged the Business Services sector's gain of 0.84% and the S&P 500's gain of 2.48% in that time.Analysts and investors alike will be keeping a close ey ...
Machinery Masters: 3 Industrial Stocks to Buy for Robust Returns
InvestorPlace· 2024-01-25 19:29
Some investors may hesitate to invest in the industrial sector due to the economic uncertainty of 2024. Certain industrial companies will inevitably face challenges in the coming year. However, the right industrial stocks can deliver strong returns over the long run.Quality industrial stocks have wide economic moats, efficient operations and shareholder-friendly management teams. These stocks will prosper, regardless of market environments. Industrial companies, in particular, are poised to outperform. This ...
Copart, Inc. (CPRT) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks Investment Research· 2024-01-04 00:33
Copart, Inc. (CPRT) closed the most recent trading day at $46.83, moving -1.43% from the previous trading session. This move lagged the S&P 500's daily loss of 0.8%. At the same time, the Dow lost 0.76%, and the tech-heavy Nasdaq lost 1.18%.Prior to today's trading, shares of the company had lost 2.62% over the past month. This has lagged the Business Services sector's gain of 2.64% and the S&P 500's gain of 3.4% in that time.The upcoming earnings release of Copart, Inc. will be of great interest to investo ...
Here's Why Copart, Inc. (CPRT) is a Strong Growth Stock
Zacks Investment Research· 2024-01-03 16:18
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as we ...