$CPRT (Copart Inc) reported their second quarter results for fiscal year 2021
For the second quarter:
Revenue: $617.0m, up $41.9m or 7.3%
Gross Profit: $307.5m, higher by $47.6m or 18.3%
Net Income: $193.4m, an increase of $24.7m or 14.7%
Diluted EPS: $0.81, $0.10 higher than last year or 14.1%
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Earnings growth is one of the main metrics to track when deciding to invest in a company. Earnings is the company's bottom line profits which represents the amount the company is actually taking home.
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