Copart (CPRT) Reports In-Line Q1 EPS

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Go back to Copart (CPRT) Reports In-Line Q1 EPS

Copart Reports First Quarter Fiscal 2019 Financial Results

November 20, 2018 5:14 PM EST

DALLAS--(BUSINESS WIRE)-- Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended October31, 2018.

For the three months ended October 31, 2018, revenue, gross profit, and net income were $461.4 million, $195.9 million, and $114.1 million, respectively. These represent an increase in revenue of $42.2 million, or 10.1%; an increase in gross profit of $32.7 million, or 20.0%; and an increase in net income of $36.6 million, or 47.2%, respectively, from the same period last year. Fully diluted earnings per share for the three months were $0.47 compared to $0.32 last year, an increase of 46.9%.

The operating results for the three months ended October... More