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Copart Reports Second Quarter Fiscal 2025 Financial Results

1. Copart Q1 2025 revenue rose 14% to $1.16B; strong profit growth observed. 2. Gross profit and net income increases signal robust operations; market optimism likely.

Earnings
-2.8%Current Return
VS
-1.72%S&P 500
$58.2202/20 04:28 PM EDTEvent Start
$56.5902/21 10:39 PM EDTLatest Updated
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FAQ

Why Bullish?

The strong quarterly performance with double-digit revenue and profit growth mirrors past positive earnings reports that drove share prices higher. Historical earnings beats in similar sectors have led to immediate upward price adjustments.

How important is it?

Significant revenue and net income growth indicate strong fundamentals, likely spurring investor confidence and short-term price gains.

Why Short Term?

Earnings news typically produce short-run price reactions as investors adjust expectations. Similar quarterly reports have spurred immediate market rallies.

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IAA
DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended January 31, 2025. For the three months ended January 31, 2025, revenue, gross profit, and net income attributable to Copart, Inc. were $1.16 billion, $525.6 million, and $387.4 million, respectively. These represent an increase in revenue of $143.2 million, or 14.0%; an increase in gross profit of $61.4 million, or 13.2%; and an increase in net income attributable to Copart, Inc. of $61.8.

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