Copart Inc Exceeds Revenue Expectations in Q3 FY2024

Copart Inc (CPRT) exceeded revenue expectations in the third quarter of fiscal year 2024, reporting $1.13 billion in revenue. However, the earnings per share (EPS) fell slightly short of estimates at $0.39. With a strong financial position, Copart’s balance sheet shows total assets of $8.01 billion as of April 30, 2024, up from $6.74 billion in July 31, 2023.