Markets News
Stocks1 min read
Copart Rises 1.58% as Investors Await Quarterly Results
The shares beat major indexes in the session, while analysts expect flat quarterly earnings and modest revenue growth.
Key takeaways
- Copart closed at $27.65, up 1.58% for the session.
- Analysts expect quarterly earnings of $0.41 per share and revenue of $1.18 billion.
Copart shares rose 1.58% to $27.65 in the latest session, beating the S&P 500, Dow and Nasdaq. The indexes gained 0.66%, 0.18% and 1.05%, respectively.
The stock is down 19.28% over the past month. That compares with a 4.68% decline for the Business Services sector and a 0.55% gain for the S&P 500.
Ahead of Copart’s upcoming earnings report, analysts expect earnings of $0.41 per share, unchanged from a year earlier. The latest consensus estimate puts revenue at $1.18 billion, up 2.41% from the same quarter last year.
Topics
Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
