Copart Inc expected to post earnings of 37 cents a share - Earnings Preview

Reuters11-20
Copart Inc <cprt.oq> expected to post earnings of 37 cents a share - Earnings Preview </cprt.oq>
  • Copart Inc CPRT.OQ CPRT.O is expected to show a rise in quarterly revenue when it reports results on November 21 for the period ending October 31 2024

  • The Dallas Texas-based company is expected to report a 7.8% increase in revenue to $1.1 billion from $1.02 billion a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Copart Inc is for earnings of 37 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

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

  • Wall Street's median 12-month price target for Copart Inc is $60.00​, above​ its last closing price of $56.63. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jul. 31 2024

0.36

0.36

0.33

Missed

-9.1

Apr. 30 2024

0.38

0.39

0.39

Met

1.1

Jan. 31 2024

0.35

0.35

0.33

Missed

-4.8​

Oct. 31 2023

0.32

0.33

0.34

Beat

4.6

​​Jul. 31 2023

0.33

0.32

0.34

Beat

4.9

Apr. 30 2023

0.32

0.32

0.36

Beat

12.5​

Jan. 31 2023

0.29

0.29

0.31

Beat

6.3

Oct. 31 2022

0.28

0.28

0.26

Missed

-9.4

This summary was machine generated November 19 at 21:02 GMT. 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)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment