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Copart Non-GAAP EPS of $0.72 beats by $0.08, revenue of $1.02B beats by $10M

May 17, 2023 4:17 PM ETCopart, Inc. (CPRT)By: Pranav Ghumatkar, SA News Editor11 Comments
  • Copart press release (NASDAQ:CPRT): Q3 Non-GAAP EPS of $0.72 beats by $0.08.
  • Revenue of $1.02B (+8.5% Y/Y) beats by $10M.

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Comments (11)

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m
I love this management team, I'm going to send them a fruit basket. Unstoppable.
ze bastian profile picture
Solid. As always.
Josh Borenstein profile picture
@ze bastian My favorite Industrial that doesn’t pay a dividend. I know $URI just started paying one.

Hopefully $CPRT also initiates a dividend someday so we can all DRIP and accumulate more shares.
Moe Value Picks profile picture
@Josh Borenstein A 30% payout ratio would be less than 1% dividend yield given the current valuation. We might be better served having them reinvest that for now. But as you said, it might be nice one day.
Josh Borenstein profile picture
@Moe Value Picks Yeah but it all adds up little by little. A 2% yield at 60% would be very sustainable.

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