Copart Inc reports results for the quarter ended January 31 - Earnings Summary

• Copart Inc CPRT.OQ reported quarterly adjusted earnings of 40 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 33 cents. The mean expectation of seven analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 34 cents to 38 cents per share.

• Revenue rose 14% to $1.16 billion from a year ago; analysts expected $1.13 billion.

• Copart Inc's reported EPS for the quarter was 40 cents​.

• The company reported quarterly net income of $387.4 million.

• Copart Inc shares had risen by 1.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

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

Wall Street's median 12-month price target for Copart Inc is $64.00

This summary was machine generated from LSEG data February 21 at 05:22 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)