Loading...
•
Jul 31, 2020
Copart Q4 2020 Earnings Report
Copart's financial performance for Q4 2020 was reported, with revenue decreasing slightly but gross profit and net income increasing.
Key Takeaways
Copart reported a slight decrease in revenue but an increase in gross profit and net income for the quarter ended July 31, 2020. Revenue decreased by 3.1%, while gross profit increased by 3.2% and net income increased by 7.8%.
Revenue for the quarter decreased by 3.1% to $525.7 million.
Gross profit for the quarter increased by 3.2% to $250.4 million.
Net income for the quarter increased by 7.8% to $165.5 million.
Fully diluted earnings per share increased by 7.8% to $0.69.
Revenue by Segment
Forward Guidance
This press release contains forward-looking statements within the meaning of federal securities laws, including statements concerning the potential impact of the COVID-19 pandemic on our business, operations, and operating results. These forward-looking statements are subject to substantial risks and uncertainties.
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
Loading earnings performance data...
Loading earnings reaction data...