Copart (NASDAQ: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.
