Copart, Inc. (NASDAQ:CPRT) is expected to report fourth quarter earnings results, after market close, on Wednesday 2nd September 2020.
Analysts polled by Thomson Reuters anticipate fourth quarter income of $ 0.39 per share.
Looking ahead, the full year income are expected at $ 2.27 per share on the revenues of $ 2113.73 million.
Previous Quarter Performance
Copart, Inc. announced income for the third quarter of $ 0.58 per share, from the revenue of $ 550.36 million. The quarterly earnings 12.12 percent compared with the same quarter last year. The consensus estimates are income of $ 0.66 per share from $ 568.62 million in revenue. The bottom line results missed street analysts by $ 0.08 or 12.12 percent, at the same time, top line results fell short of analysts by $ 18.26 million or 3.21 percent.
Stock Performance
Shares of Copart, Inc. traded up $ 0.60 or 0.58 percent on Tuesday, reaching $ 103.92 with volume of 695.60 thousand shares. The stock opened positive for the day at $ 103.33, after closing the previous day trading at $ 103.32.
According to the previous trading day, closing price of $ 103.32, representing a 85.53 % increase from the 52 week low of $ 55.69 and a 1.49 % decrease over the 52 week high of $ 104.88.
The company has a market capital of $ 24.40 billion and is part of the Consumer Cyclical sector and Auto & Truck Dealerships industry.
Copart, Inc. provides online auctions and vehicle remarketing services. It offers a range of services for processing and selling vehicles over the Internet through its Virtual Bidding Third Generation Internet auction-style sales technology to vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as for individual owners.
