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Jan 31, 2020
Copart Q2 2020 Earnings Report
Copart's financial performance for Q2 2020 showed significant growth, with increases in revenue, gross profit, and net income compared to the same period last year.
Key Takeaways
Copart reported strong second quarter fiscal 2020 financial results, with an 18.6% increase in revenue, a 24.8% increase in gross profit, and a 28.4% increase in net income compared to the same period last year. Fully diluted earnings per share increased by 29.1%.
Revenue increased by 18.6% to $575.1 million.
Gross profit increased by 24.8% to $259.9 million.
Net income increased by 28.4% to $168.7 million.
Fully diluted earnings per share increased by 29.1% to $0.71.
Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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