Copart Q4 Adj. EPS $0.34 Beats $0.32 Estimate, Sales $997.59M Beat $962.91M Estimate
Portfolio Pulse from Benzinga Newsdesk
Copart's Q4 earnings per share (EPS) of $0.36 beat the analyst consensus estimate of $0.32 by 12.5%. This is a 24.14% increase over earnings of $0.29 per share from the same period last year. The company also reported quarterly sales of $997.60 million, beating the analyst consensus estimate of $962.91 million by 3.60%. This is a 12.93% increase over sales of $883.39 million the same period last year.
September 14, 2023 | 8:10 pm
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POSITIVE IMPACT
Copart's Q4 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
Copart's Q4 earnings and sales beat analyst estimates, which is typically a positive signal for the company's stock. The increases in earnings and sales compared to the same period last year also indicate a strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100