Copart Shares Rise 1.58% as Analysts Eye $0.41 Quarterly EPS

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Summary · why it matters

Copart, Inc. closed the most recent trading day at $27.65, up 1.58% and outpacing the S&P 500's daily gain of 0.66%, while the Dow added 0.18% and the Nasdaq rose 1.05%. The stock has fallen 19.28% over the past month, lagging the Business Services sector's 4.68% loss and the S&P 500's 0.55% gain. For its upcoming earnings disclosure, analysts expect Copart to post earnings of $0.41 per share, flat versus the prior-year quarter, on revenue of $1.18 billion, a 2.41% increase. For the full year, the Zacks Consensus Estimates forecast earnings of $1.65 per share and revenue of $4.83 billion, changes of +6.45% and +3.57% respectively. Over the past month the Zacks Consensus EPS estimate has shifted 0.84% downward, and Copart currently holds a Zacks Rank of #3 (Hold), trading at a Forward P/E of 16.52 versus its industry average of 24.94.

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Copart Inc
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Analysts expect $0.41 flat quarterly EPS and $1.18B revenue (+2.41%), with the consensus EPS estimate revised 0.84% downward and a Zacks Rank #3 Hold.