NEW Market Gems - Swing and Day Trades Message Board

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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades

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To: Jenna who wrote (319)	5/29/2001 6:06:08 PM
From: Jenna	Read Replies (1) of 1227

CPRT another earnings play reports and beats estimates (this is just a precursor of what we can expect from companies. Not every company is a CSCO or a SUNW, there are good earnings out there) Copart (CPRT) reported third-quarter earnings a penny ahead of the consensus estimate and said same-store sales rose 26 percent. Third-quarter earnings totaled $11.5 million, or 20 cents a share, on revenue of $71.5 million, compared with the $8.33 million, or 15 cents a share, on revenue of $53.8 million. The salvage vehicles supplier also expects fourth-quarter earnings of 20 cents to 22 cents a share, with full-year earnings between 90 cents and 93 cents a share. Analysts currently expect a fourth-quarter profit of 18 cents and full-year earnings of 69 cents a share

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