Copart (CPRT) Q3 Earnings Top Estimates on Higher Sales

Copart, Inc. (CPRT) reported third-quarter fiscal 2024 (ended Apr 30, 2024) adjusted earnings per share of 39 cents, topping the Zacks Consensus Estimate of 38 cents on higher-than-expected service revenues and vehicle sales. The bottom line also increased 8.3% year over year. The online auto auction leader generated revenues of $1.13 billion, beating the Zacks Consensus Estimate of $1.1 billion. The top line increased 10.3% from the year-ago reported figure.Key TidbitsCopart’s fiscal third-quarter service ...