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Stock impact report

Copart Inc (CPRT) Reports Solid Growth in Q2 Fiscal 2024 Earnings [Yahoo! Finance]

Copart, Inc. (CPRT) 
Last copart, inc. earnings: 2/19 05:55 pm Check Earnings Report
US:NASDAQ Investor Relations: copart.com/investorrelation
Company Research Source: Yahoo! Finance
Net Income : Attributable to Copart Inc. was $325.6 million, marking a 10.9% increase. Earnings Per Share : Fully diluted EPS grew by 10.0% to $0.33. Balance Sheet : Cash and cash equivalents stood at $1.26 billion as of January 31, 2024. Warning! GuruFocus has detected 4 Warning Sign with CPRT. On February 22, 2024, Copart Inc ( NASDAQ:CPRT ) released its 8-K filing , announcing financial results for the second quarter of fiscal year 2024. The Dallas-based online vehicle auction leader reported a revenue of $1.02 billion for the quarter ended January 31, 2024, which is a 6.6% increase from the same period last year. The company's gross profit also saw a healthy rise, reaching $464.2 million, an 8.8% year-over-year growth. Net income attributable to Copart Inc. experienced a significant boost, with a 10.9% increase to $325.6 million. Copart operates a robust online salvage vehicle auction platform, connecting sellers with over 750,000 members globally. With a strong presenc Show less Read more
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