Here's Why You Should Add Copart Stock to Your Portfolio Now
CPRT is poised to benefit from its market leadership position, continued expansion efforts, the anticipated rise in total loss rates and Purple Wave acquisition.
Copart Q2 Earnings Surpass Estimates, Revenues Increase Y/Y
CPRT's fiscal second-quarter earnings and revenues surpass the Zacks Consensus Estimate and increase year over year.
Copart: Revenue Surges 14%
Copart (CPRT -1.48%), a leader in online vehicle auctions, announced its fiscal second-quarter 2025 results on Feb. 20, 2025. The company's revenue was $1.16 billion, up 14.0% from the prior year, surpassing the expected $1.13 billion.
Copart, Inc. (CPRT) Q2 2025 Earnings Conference Call Transcript
Copart, Inc. (NASDAQ:CPRT ) Q2 2025 Earnings Conference Call February 20, 2025 5:30 PM ET Company Participants Jeff Liaw - CEO Leah Stearns - CFO Conference Call Participants Bob Labick - CJS Securities Chris Bottiglieri - BNP Paribas Craig Kennison - Baird Bret Jordan - Jefferies Jash Patwa - JPMorgan Operator Good day, everyone, and welcome to the Copart Incorporated Second Quarter Fiscal 2025 Earnings Call. Just a reminder, today's conference is being recorded.
Copart, Inc. (CPRT) Tops Q2 Earnings and Revenue Estimates
Copart, Inc. (CPRT) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.33 per share a year ago.
Copart, Inc. (CPRT) Exceeds Market Returns: Some Facts to Consider
The latest trading day saw Copart, Inc. (CPRT) settling at $56.22, representing a +1.06% change from its previous close.
Why Copart Stock Jumped 23% Last Month
Shares of vehicle salvage company Copart (CPRT 1.17%) jumped 23.2% in November, according to data provided by S&P Global Market Intelligence. This company is one of the most consistent performers on the stock market, meaning its shareholders rarely sell.
Copart Sales Driving Share Gains
Shares of vehicle auctioneer, remarketer, and salvager Copart, Inc. (CPRT) are up on impressive sales figures.
Why Did Copart Stock Rise 10%?
The stock price of Copart (NASDAQ: CPRT), an online auto auction company, was up 10% on Friday, November 22. This can be attributed to the company's upbeat quarterly results.
Copart: Upside Hinges On Results Continuing To Surpass Market Expectations
Copart reported $1.15 billion in revenue, beating estimates by $46.9 million, reflecting 12% year-over-year growth driven by both domestic and international markets. International service revenue surged by 30%, highlighting Copart's success in expanding globally, while international gross profit increased by 44%. Copart's resilience in average selling prices, outperforming broader used vehicle market trends, further supports its competitive positioning.
Copart, Inc. (CPRT) Now Trades Above Golden Cross: Time to Buy?
Copart, Inc. (CPRT) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, CPRT's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
