Copart grew sales and earnings per share by 8% in the third quarter. However, analysts were expecting revenue growth of around 10%, causing today's drop. Ultimately, investors should give more ...
Shareholders of Copart would probably like to forget the past six months even happened. The stock dropped 24.9% and now trades at $44.65. This may have investors wondering how to approach the ...
Used and wrecked car wholesaler, reseller, and auctioneerCopart released financial results for its third quarter late on May 27, and sales fell, down for the second quarter in a row. However, profits ...
Copart operates one of the most resilient marketplace models in the U.S. economy, built around a salvage-auction network that connects insurers, dismantlers, dealers, exporters, and recyclers. The ...
Copart Inc. (NASDAQ:CPRT) shares are trading lower after the company reported its fourth-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report. The ...
Copart beefed up its South Florida portfolio, paying $65 million for a Palm Beach County auto yard where the company stores and sells used vehicles. An affiliate of Copart, a publicly traded firm ...
Copart's fundamentals remain outstanding, with high profitability, debt-free status, and superior growth prospects despite a recent 17% stock price drop. The market's negative reaction is overblown, ...
DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the second quarter of fiscal 2025 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, ...
Favorable market trends: salvaged vehicles are growing due to increased vehicle complexity and technology. Copart is a solid business with high competitive advantages, making it the industry leader ...
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