Copart Q3 2024 Earnings Report
Key Takeaways
Copart reported a 10.3% increase in revenue, an 8.7% increase in gross profit, and a 9.1% increase in net income for the quarter ended April 30, 2024, compared to the same period last year.
Revenue increased by 10.3% to $1.13 billion.
Gross profit increased by 8.7% to $525.5 million.
Net income attributable to Copart, Inc. increased by 9.1% to $382.3 million.
Fully diluted earnings per share increased by 8.3% to $0.39.
Copart
Copart
Forward Guidance
This press release contains forward-looking statements within the meaning of federal securities laws. These forward-looking statements are subject to substantial risks and uncertainties. These forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments.