Copart, Inc. (NASDAQ: CPRT), a leading online vehicle auction company, reported higher earnings and revenues for the fourth quarter of 2023.
- Total service revenues and vehicle sales increased 13% to $997.6 million in the final three months of fiscal 2023
- Services revenue grew 18% year-over-year in the fourth quarter, while vehicle sales declined 7%
- Net income, on a reported basis, rose to $347.8 million or $0.36 per share from $263.7 million or $0.27 per share last year
- On an unadjusted basis, the company posted earnings of $0.34 per share for the July quarter, up from $0.28 per share it generated a year earlier
- At $457.6 million, the fourth-quarter gross profit was higher by 20% from the corresponding period of 2022
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
