WASHINGTON (dpa-AFX) - Copart, Inc. (CPRT) revealed earnings for its fourth
quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $347.79 million, or $0.36 per share. This
compares with $263.74 million, or $0.27 per share, in last year's fourth
quarter.

Excluding items, Copart, Inc. reported adjusted earnings of $330.43 million or
$0.34 per share for the period.

Analysts on average had expected the company to earn $0.32 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 12.9% to $997.59 million from $883.39
million last year.

Copart, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $347.79 Mln. vs. $263.74 Mln. last year.
-EPS (Q4): $0.36 vs. $0.27 last year.
-Analyst Estimate: $0.32
-Revenue (Q4): $997.59 Mln vs. $883.39 Mln last year.


Copyright(c) 2023 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX