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.
Copart Q1 Earnings Match Expectations, Revenues Increase Y/Y
CPRT's first-quarter earnings match the Zacks Consensus Estimate while revenues beat the same.
Copart, Inc. (CPRT) Q1 2025 Earnings Call Transcript
Copart, Inc. (NASDAQ:CPRT ) Q1 2025 Earnings Conference Call November 21, 2024 5:30 PM ET Company Participants Jeff Liaw - CEO Leah Stearns - CFO Conference Call Participants Bob Labick - CJS Securities Chris Bottiglieri - BNP Paribas Bret Jordan - Jefferies Alice Wycklendt - Baird Jash Patwa - JPMorgan Operator Good day, everyone, and welcome to the Copart Incorporated First Quarter Fiscal 2025 Earnings Call. Just a reminder, today's conference is being recorded.
Copart, Inc. (CPRT) Matches Q1 Earnings Estimates
Copart, Inc. (CPRT) came out with quarterly earnings of $0.37 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.34 per share a year ago.
Copart's first-quarter revenue beats estimates on strong salvage vehicle volumes
Online vehicle auction services provider Copart reported better-than-expected first-quarter revenue on Thursday, driven by robust volumes of salvage vehicles.
Copart, Inc. (CPRT) Rises As Market Takes a Dip: Key Facts
Copart, Inc. (CPRT) concluded the recent trading session at $52.45, signifying a +1.85% move from its prior day's close.
Copart, Inc. (CPRT) Beats Stock Market Upswing: What Investors Need to Know
Copart, Inc. (CPRT) reachead $52.18 at the closing of the latest trading day, reflecting a +0.64% change compared to its last close.
Copart, Inc. (CPRT) Registers a Bigger Fall Than the Market: Important Facts to Note
The latest trading day saw Copart, Inc. (CPRT) settling at $51.36, representing a -1.36% change from its previous close.
Is the Options Market Predicting a Spike in Copart (CPRT) Stock?
Investors need to pay close attention to Copart (CPRT) stock based on the movements in the options market lately.
