What To Expect From Copart Inc (CPRT) Q4 2024 Earnings

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Copart Inc (CPRT, Financial) is set to release its Q4 2024 earnings on Sep 4, 2024. The consensus estimate for Q4 2024 revenue is $1.08 billion, and the earnings are expected to come in at $0.36 per share. The full year 2024's revenue is expected to be $4.26 billion and the earnings are expected to be $1.44 per share. More detailed estimate data can be found on the Estimates page.

Copart Inc (CPRT, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Copart Inc (CPRT) have declined from $4.26 billion to $4.26 billion for the full year 2024, and from $4.69 billion to $4.68 billion for 2025. Earnings estimates have decreased from $1.45 per share to $1.44 per share for the full year 2024, while remaining steady at $1.62 per share for 2025.

Copart Inc (CPRT, Financial) Reported History

In the previous quarter of April 30, 2024, Copart Inc's (CPRT) actual revenue was $1.13 billion, which beat analysts' revenue expectations of $1.11 billion by 2%. Copart Inc's (CPRT) actual earnings were $0.39 per share, which missed analysts' earnings expectations of $0.41 per share by -3.94%. After releasing the results, Copart Inc (CPRT) was down by -0.15% in one day.

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Copart Inc (CPRT, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 6 analysts, the average target price for Copart Inc (CPRT) is $59.56 with a high estimate of $65 and a low estimate of $51. The average target implies an upside of 12.45% from the current price of $52.96.

Based on GuruFocus estimates, the estimated GF Value for Copart Inc (CPRT, Financial) in one year is $54.87, suggesting an upside of 3.61% from the current price of $52.96.

Based on the consensus recommendation from 11 brokerage firms, Copart Inc's (CPRT, Financial) average brokerage recommendation is currently 2.1, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.