Copart Inc (CPRT) Earnings
Should You Buy CPRT Before Earnings?
Based on the last three years of earnings reports, buying CPRT stock within four weeks before its earnings date yielded an average return of -2.85%.
The best time to buy before earnings was 7 days before, which yielded an average return of 1.44% by the earnings date. The worst time was 28 days before, which yielded an average return of -7.34%.
Report dates analyzed: Feb 16 2022 - Nov 14 2024*Disclaimer: Past performances is not a guarantee of future results.
Should You Buy CPRT After Earnings?
Based on the last three years of earnings reports, on average, CPRT has gone down -0.53% shortly after its earnings date. The stock bottoms around 28 days after earnings, where it is on average -1.05% lower than its closing price on the day of earnings.
Since CPRT has typically gone down after earnings, it might be a good time to buy the dip if you believe in the stock long-term.
Report dates analyzed: Feb 16 2022 - Nov 14 2024*Disclaimer: Past performances is not a guarantee of future results.
Average Gains
The average return if you bought Copart before its earnings report and sold at close on its earnings day.
Period | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of |
---|---|---|---|---|---|---|
Past 4 Earnings | 0.51% | 0.94% | 0.26% | 0.00% | 0.00% | 0.00% |
Past 8 Earnings | -3.22% | -2.77% | 3.20% | 1.38% | 0.60% | 0.22% |
Past 12 Earnings | -7.34% | -6.39% | -2.62% | 1.44% | 0.66% | 0.19% |
CPRT Earnings History
Report Date | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of | 1 Day After | 7 Days After | 14 Days After | 21 Days After | 28 Days After |
---|---|---|---|---|---|---|---|---|---|---|---|
2024-11-14 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-09-12 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-05-15 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-02-19 | 49.49 2.02% | 48.66 3.76% | 49.97 1.04% | 50.49 0.00% | 50.49 0.00% | N/A | N/A | N/A | N/A | N/A | N/A |
2023-11-14 | 46.66 6.49% | 44.53 11.59% | 43.52 14.18% | 46.53 6.79% | 48.34 2.79% | 49.69 1.31% | 49.22 -0.95% | 50.63 1.89% | 50.73 2.09% | 48.79 -1.81% | 49.36 -0.66% |
2023-09-05 | 87.86 -48.56% | 88.08 -48.68% | 43.79 3.22% | 44.50 1.57% | 44.98 0.49% | 45.20 -0.18% | 45.47 0.60% | 44.22 -2.17% | 44.57 -1.39% | 42.73 -5.47% | 42.62 -5.71% |
2023-05-16 | 77.71 4.49% | 77.53 4.73% | 78.72 3.15% | 79.50 2.14% | 81.62 -0.52% | 81.20 -0.25% | 82.00 0.99% | 86.53 6.56% | 88.60 9.11% | 88.09 8.49% | 86.73 6.81% |
2023-02-14 | 63.10 9.79% | 65.10 6.42% | 66.61 4.01% | 68.89 0.57% | 67.90 2.03% | 69.28 0.87% | 69.71 0.62% | 69.04 -0.35% | 70.46 1.70% | 70.42 1.65% | 69.31 0.04% |
2022-11-15 | 112.54 -44.86% | 113.63 -45.38% | 115.10 -46.08% | 56.89 9.09% | 61.24 1.34% | 62.06 -0.74% | 62.04 -0.03% | 64.74 4.32% | 64.44 3.84% | 64.24 3.51% | 62.69 1.02% |
2022-09-06 | 126.41 -7.92% | 131.63 -11.57% | 124.27 -6.33% | 120.10 -3.08% | 117.89 -1.26% | N/A | 116.95 -1.58% | 110.15 -7.31% | 110.09 -7.36% | 108.83 -8.42% | 113.89 -4.16% |
2022-05-17 | 120.42 -5.78% | 114.11 -0.57% | 114.47 -0.88% | 109.56 3.56% | 110.21 2.95% | 113.46 0.65% | 106.55 -6.09% | 108.15 -4.68% | 114.53 0.94% | 116.50 2.68% | 103.59 -8.70% |
Methodology
We analyzed the past three years of CPRT's earnings reports to calculate the average change in price of the stock before and after earnings.
Before Earnings
For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of CPRT on the day of the earnings report to calculate the return. The dates analyzed are:
- 28 days prior (4 weeks)
- 21 days prior (3 weeks)
- 14 days prior (2 weeks)
- 7 days prior (1 week)
- 1 day prior
This simulates an individual purchasing CPRT stock on one of those days and selling on the day of the earnings report.
After Earnings
For calculating the average gains if you bought CPRT stock on the day of earnings, we looked at the closing price of CPRT on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:
- 1 day after
- 7 days after (1 week)
- 14 days after (2 weeks)
- 21 days after (3 weeks)
- 28 day after (4 weeks)
This simulates an individual purchasing CPRT stock on the day of the earnings report and then selling on one of the dates following.
Day of
To calculate the gains on the day of earnings, we compared the opening price of CPRT to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.
$CPRT it begins tomorrow
$CPRT we’re fucked tomorrow boys
$CPRT this is just going to go up forever
$CPRT hope everyone has a good weekend
$CPRT Let it go...
$CPRT finally a pullback
$CPRT Beautiful!! 😀
$CPRT must buyyy
$CPRT Nothing but time to wait
$CPRT time to run