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Copart Q2 Profit Rises

(RTTNews) - Copart Inc. (CPRT) Thursday reported second-quarter net income of $193.4 million or $0.81 per share, up from $168.7 million or $0.71 per share last year.

Adjusted earnings for the quarter were $0.80 per share, up from $0.64 per share last year.

Second-quarter revenues rose to $617.0 million from $575.1 million last year.

Analysts polled by Thomson Reuters estimated earnings of $0.79 per share and revenues of $628.9 million.

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