Copart (CPRT) Q2 Earnings Miss Expectations, Increase Y/Y
CPRTCopart(CPRT) Zacks Investment Research·2024-02-23 23:41

Copart, Inc. (CPRT) reported second-quarter fiscal 2024 (ended Jan 31, 2024) adjusted earnings per share of 33 cents, missing the Zacks Consensus Estimate of 35 cents on lower-than-expected service revenues and vehicle sales. The bottom line, however, increased 6.4% year over year. The online auto auction leader generated revenues of 1.02billion,missingtheZacksConsensusEstimateof1.02 billion, missing the Zacks Consensus Estimate of 1.04 billion. The top line increased 6.6% from the year-ago reported figure. Key Numbers CPRT’s fiscal second-quarter se ...