Copart, Inc. (CPRT) reported a decline in its fourth-quarter earnings compared to the same period last year.The company’s net income amounted to $322.58 million, or $0.33 per share, down from $347.78 million, or $0.36 per share, in the previous year’s fourth quarter.Conversely, revenue for the quarter grew by 7.1%, reaching $1.068 billion from $0.997 billion the year prior.Summary of Copart, Inc.’s fourth-quarter earnings (GAAP):- Net Income (Q4): $322.58 million vs. $347.78 million last year- Earnings Per Share (EPS) (Q4): $0.33 vs. $0.36 last year- Revenue (Q4): $1.068 billion vs. $0.997 billion last yearThe material has been provided by InstaForex Company – www.instaforex.com
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