Copart Inc Stock Price, News & Analysis

Copart (NASDAQ: CPRT) reported its Q4 and full-year fiscal 2024 financial results. For Q4, revenue increased by 7.2% to $1.1 billion, while gross profit decreased by 0.9% to $454 million. Net income attributable to Copart decreased by 7.3% to $323 million. Fully diluted EPS for Q4 was $0.33, down 8.3% year-over-year.

For the full fiscal year 2024, Copart's revenue grew 9.5% to $4.2 billion, gross profit increased 9.8% to $1.9 billion, and net income rose 10.1% to $1.4 billion. Full-year diluted EPS was $1.40, up 9.4% from the previous year. The company will host a conference call on September 4, 2024, to discuss the results.

Copart, Inc. (NASDAQ: CPRT) has announced the release of its fourth quarter fiscal 2024 earnings on Wednesday, September 4, 2024, after 4:00 p.m. Eastern Time. The company will conduct a conference call at 5:30 p.m. Eastern Time to discuss the results. Investors can access the webcast live at www.copart.com/investorrelations, with a replay available through November 2024.

Copart, founded in 1982, is a global leader in online vehicle auctions, connecting consigners to approximately 1 million members across 185+ countries. The company operates in 11 countries with over 250 locations, selling more than 4 million units last year. Copart offers remarketing services to various entities, including insurance companies, financial institutions, and individuals.

Copart, a global leader in online vehicle auctions, announced that CFO Leah Stearns will participate in a fireside chat at Baird's Global Consumer, Technology & Services Conference on June 6, 2024. The event will be live-streamed at 10:15 am ET and accessible via Copart's investor relations website. Founded in 1982, Copart connects vehicle consigners with buyers in over 185 countries, selling over 4 million units last year through its innovative online platforms. The company operates across 11 countries with 250 locations, offering services to insurance companies, financial institutions, dealers, and more.

Copart (NASDAQ: CPRT) announced its financial results for Q3 of fiscal 2024, ending April 30, 2024. The company reported revenue of $1.13 billion, gross profit of $525.5 million, and net income of $382.3 million, reflecting year-over-year increases of 10.3%, 8.7%, and 9.1%, respectively. Fully diluted EPS rose by 8.3% to $0.39. For the first nine months, revenue was $3.17 billion, gross profit $1.5 billion, and net income $1.0 billion, showing increases of 10.3%, 13.6%, and 16.9%, respectively. EPS for nine months increased by 16.3% to $1.07. A conference call to discuss these results is scheduled for May 16, 2024.

Copart, Inc. (NASDAQ: CPRT) will release earnings for the third quarter of fiscal 2024 on May 16, 2024, followed by a conference call. Founded in 1982, Copart is a global leader in online vehicle auctions, connecting consigners to 1 million members in 185 countries. With operations in 11 countries, Copart sold over 4 million units last year.