Copart Reports Third Quarter Fiscal 2016 Financial Results

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Copart (CPRT) Reports Bang-Up Q3 Beat as Collision Growth Drives Volumes - Jefferies

May 27, 2016 9:54 AM EDT

Jefferies analyst, Bret Jordan, seems to be warming to the Copart (NASDAQ: CPRT) story after a solid beat. PT increases to $53 (from $40) but Hold rating remains. CPRT reported a Q3 beat of $0.64 vs. our $0.52 est. and consensus of $0.54 as impressive unit expansion (+15.6%... More

UPDATE: Copart (CPRT) Tops Q3 EPS by 10c

May 25, 2016 6:03 PM EDT

(Updated - May 25, 2016 6:06 PM EDT)

(update corrects revenue amount)

Copart (NASDAQ: CPRT) reported Q3 EPS of $0.64, $0.10 better than the analyst estimate of $0.54. Revenue for the quarter came in at $347.2 million versus the consensus estimate of $321.16 million.

For earnings history and earnings-related data on Copart (CPRT) click here.

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