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Copart (CPRT) misses second-quarter fiscal 2024 earnings on lower-than-expected service revenues and vehicle sales.
Copart, Inc. (NASDAQ:CPRT) Q2 2024 Earnings Conference Call February 22, 2024 5:30 PM ET
Copart, Inc. (CPRT) came out with quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.31 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Copart, Inc. (CPRT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended January 2024.
DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the second quarter of fiscal 2024 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, February 22, 2024. On Thursday, February 22, 2024, at 5:30 p.m. Eastern Time (4:30 p.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and available for access by clicking “Listen Here” at www.copart.com/investorrelations. A repl.
Consistent profit growth has made Copart stock a long-term leader. The online vehicle auction specialist shows a new buy point.
In the closing of the recent trading day, Copart, Inc. (CPRT) stood at $50.48, denoting a -0.84% change from the preceding trading day.
Copart, Inc. (CPRT) reachead $48.99 at the closing of the latest trading day, reflecting a +0.7% change compared to its last close.
Some investors may hesitate to invest in the industrial sector due to the economic uncertainty of 2024. Certain industrial companies will inevitably face challenges in the coming year.
The latest trading day saw Copart, Inc. (CPRT) settling at $46.83, representing a -1.43% change from its previous close.