Copart

Copart, Inc. engages in the provision of online auctions and vehicle remarketing services. It provides vehicle sellers with a full range of services to process and sell vehicles primarily over the internet through Virtual Bidding Third Generation Internet auction-style sales technology. The firm sells the vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters and at certain locations, as well as to the general public. The company’s services include online seller access, salvage estimation services, estimating services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing, and vehicle processing programs. It operates through the United States and International segments. Copart was founded by Willis J. Johnson in 1982 and is headquartered in Dallas, TX.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

CPRT reports steady Q1 growth and eyes international expansion

CPRT's Q1 performance reflects steady growth and a strong customer base. While facing challenges in the insurance industry, the company is well-positioned to capitalize on opportunities in new customer segments and international markets. The call highlighted the company's responsible approach to capital stewardship and potential strategic investments.

Copart delivers solid Q2 results, eyes AI integration for growth

Copart's Q2 2023 performance reflects resilience and growth amidst industry changes. While facing challenges like cost inflation and ASP declines, the company maintains a strong financial position and pursues opportunities for optimization and innovation.

Copart excels in Q3 earnings amidst insurance challenges and growth opportunities

Copart delivered robust financial performance in Q3 2023, driven by revenue growth, improved gross profit margin, and strong operating cash flow.
The company faces challenges in the insurance business due to suppressed total loss volumes and pricing pressures, but opportunities exist in data analytics and service expansion.
By focusing on enhancing services, leveraging data insights, and adapting to market trends, Copart is well-positioned for continued growth and client satisfaction.

Copart reports robust earnings growth, eyes opportunities in insurance industry

Copart's Q4 2023 earnings call highlighted strong financial performance, driven by revenue growth, margin improvement, and strategic investments in sustainability and technology. The company's resilience, commitment to innovation, and focus on customer needs position it well for future growth opportunities. Challenges in adapting to evolving market demands and cautious expansion strategies underscore Copart's strategic approach to sustainable business growth.

Copart reports robust Q1 earnings, invests in sustainability and growth

Copart's Q1 earnings call highlighted strong financial results, growth in key segments, and strategic investments in expanding its marketplace capabilities. The company's focus on sustainability, revenue diversification, and operational efficiency positions it well for future growth and market leadership.

Copart reports robust Q2 earnings, eyes growth amid challenges

Copart's Q2 2024 earnings call highlighted strong financial performance, operational efficiency, and strategic growth initiatives.
While facing challenges like total loss frequency and cash flow decrease, the company remains focused on capitalizing on opportunities for expansion and profitability.
With a resilient business model and a focus on talent and partnerships, Copart is well-positioned to navigate market dynamics and drive sustainable growth.
Investors should monitor Copart's progress in addressing challenges and leveraging opportunities to assess its long-term financial health and competitive position.

Copart reports robust Q3 earnings, eyes global expansion for growth

Copart delivered strong financial performance in Q3 2024, with revenue and profit growth across key business segments.
Despite challenges like supply chain disruptions and margin pressures, the company remains optimistic about future growth.
By focusing on cost-saving initiatives, global expansion, and revenue diversification, Copart is strategically positioned for continued success.

Copart reports revenue growth but faces margin pressure in Q4

Copart's Q4 2024 earnings call reflects a mixed performance with strong revenue growth but declining profit margins.
The company's service offerings and partnerships remain key strengths, while challenges in total loss frequency and profitability persist.
Exploring opportunities in noninsurance seller segments and service expansion could drive future growth and mitigate current challenges.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Copart, Inc. engages in the provision of online auctions and vehicle remarketing services. It offers vehicle sellers a full range of services to process and sell vehicles primarily over the internet through Virtual Bidding Third Generation Internet auction-style sales technology. The firm sells vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters and at certain locations, and the public. The company’s services include online seller access, salvage estimation services, estimating services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing, and vehicle processing programs. It operates through the United States and International segments. Copart was founded by Willis J. Johnson in 1982 and is headquartered in Dallas, TX.

Adobe

NVIDIA

The first thing investors should do when looking for blue-chip stocks to buy for a bear market is to assess whether we're actually in one. The official definition of a bear market is a 20% decline from a previous all-time high.

3 Blue-Chip Stocks to Buy for a Bear Market

TAMPA, Fla. , July 19, 2022 /PRNewswire/ -- Lazydays Holdings Inc. (NasdaqCM: LAZY), has appointed John North as Chief Executive Officer and a member of the Board of Directors, effective September 6, 2022.

LAZYDAYS ANNOUNCES JOHN NORTH AS NEW CEO

We believe Copart's revenue growth at a 5-year projection of 14.4% could be supported by its solid market leadership in the online automotive market (37.7% market share) and scale against. Moreover, we expect its revenue growth to remain driven by its US segment (13.6%) which had a higher average revenue growth than its international segment (9.9%).

Copart: Online Automotive Auction Market Leader

Copart, Inc. (CPRT) reported earnings 30 days ago. What's next for the stock?

Copart, Inc. (CPRT) Down 7.3% Since Last Earnings Report: Can It Rebound?

Copart, Inc. (NASDAQ:CPRT ) Q3 2022 Earnings Conference Call May 19, 2022 11:00 AM ET Company Participants John North - Chief Financial Officer Jeff Liaw - Co-CEO Conference Call Participants Peter Lukas - CJS Securities Daniel Imbro - Stephens Inc. Craig Kennison - Baird John Healy - Northcoast Research Chris Bottiglieri - BNP Paribas Exane Bret Jordan - Jefferies Ryan Brinkman - JPMorgan Operator Please standby. Good day, everyone, and welcome to the Copart, Incorporated Third Quarter Fiscal 2022 Earnings Call.

Copart Inc.'s (CPRT) Co-CEO Jeff Liaw on Q3 2022 Results - Earnings Call Transcript

Copart (CPRT) reports robust earnings and revenues in the third quarter of fiscal 2022. It witnesses strength in sales across segments.

Copart (CPRT) Q3 Earnings Beat Estimates, Revenues Up Y/Y

Cadence Design Systems

GlobalFoundries

Southwest Airlines

Nucor

We have narrowed our search to five U.S. corporate bigwigs currently trading at a deep discount to their 52-week highs. These are: NUE, GFS, LUV, CDNS and CPRT.

Wall Street Melts on Panic Selling: Buy 5 Bigwigs On the Dip

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended April 30, 2022. For the three months ended April 30, 2022, revenue, gross profit, and net income were $939.9 million, $436.3 million, and $278.6 million, respectively. These represent an increase in revenue of $206.0 million, or 28.1%; an increase in gross profit of $54.9 million, or 14.4%; and a decrease in net income of $(8.2) million, or (2.9)%, respectively, from the same period last

Copart Reports Third Quarter Fiscal 2022 Financial Results

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the third quarter of fiscal 2022 after the close of market on Wednesday, May 18, 2022. On Thursday, May 19, 2022, at 11:00 a.m. Eastern Time (10:00 a.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and can be accessed via hyperlink at www.copart.com/investorrelations. A replay of the call will be available through August

Copart, Inc. to Release Third Quarter Fiscal 2022 Results

DALLAS , March 30, 2022 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT) today announced that its Board of Directors has appointed Jeff Liaw, who has been serving as President and CEO North America, to co-CEO, effective April 1. Jay Adair will continue his leadership of the company as co-CEO and as a member of the Board of Directors.

Copart Promotes Jeff Liaw to Co-Chief Executive Officer

Copart, Inc. (CPRT) Up 2.2% Since Last Earnings Report: Can It Continue?

Lithia Motors

Polaris

Standard Motor Products

Winnebago

In light of advancements in driverless vehicles, five vehicles and parts companies with high business quality and high guru ownership as of the fourth quarter of 2021 are Lithia Motors Inc. ( LAD , Financial), Copart Inc. ( CPRT , Financial), Winnebago Industries Inc. ( WGO , Financial), Polaris Inc. ( PII , Financial) and Standard Motor Products Inc. ( SMP , Financial) according to the All-in-One Screener, a Premium feature of GuruFocus.

5 Vehicles and Parts Companies Gurus Are Driving

The average of price targets set by Wall Street analysts indicates a potential upside of 29.5% in Copart, Inc. (CPRT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

How Much Upside is Left in Copart, Inc. (CPRT)? Wall Street Analysts Think 30%

Copart's (CPRT) Management on Q2 2022 Results - Earnings Call Transcript

Copart (CPRT) reports robust earnings and sales in second-quarter fiscal 2022. Amid higher SG&A, the company sees an increase in operating income.

Copart's (CPRT) Q2 Earnings Surpass Estimates, Sales Surge Y/Y

Copart, Inc. (CPRT) delivered earnings and revenue surprises of 5.77% and 10.24%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

Copart, Inc. (CPRT) Q2 Earnings and Revenues Top Estimates

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended January 31, 2022. For the three months ended January 31, 2022, revenue, gross profit, and net income were $867.5 million, $403.3 million, and $287.4 million, respectively. These represent an increase in revenue of $250.4 million, or 40.6%; an increase in gross profit of $95.8 million, or 31.2%; and an increase in net income of $94.0 million, or 48.6%, respectively, from the same period la

Copart Reports Second Quarter Fiscal 2022 Financial Results

Our proven model does not conclusively predict an earnings beat for Copart (CPRT) for fiscal Q2 as it doesn't have the right combination of a positive ESP and a favorable Zacks Rank.

Can Copart (CPRT) Maintain its Earnings Beat Streak in Q2?

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the second quarter of fiscal 2022 after the close of market on Wednesday, February 16, 2022. On Thursday, February 17, 2022, at 11:00 a.m. Eastern Time (10:00 a.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and can be accessed via hyperlink at www.copart.com/investorrelations. A replay of the call will be available thro

Copart, Inc. to Release Second Quarter Fiscal 2022 Results

Copart, Inc. (CPRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Copart, Inc. (CPRT) Earnings Expected to Grow: Should You Buy?

Despite a near 16% selloff in January for the shares of Copart, Inc. (NASDAQ: CPRT) it looks like the stock may have found its bottom near the $20 region -- which served as a floor back in May and June of last year -- and is on its way back up.

Copart Stock is On Sale for 16% Off... Is now the Time to Buy?

Vehicle and parts online auction platform Copart (NASDAQ: CPRT) stock is has been plunging with the benchmark indexes despite blowout earnings.

Copart Stock is an Auto Supply Chain Shortage Winner

Good things could be on the horizon when a stock surpasses the 50-Day simple moving average. How should investors react?

Copart, Inc. (CPRT) Crossed Above the 50-Day Moving Average: What That Means for Investors

Copart easily beat both revenue and earnings expectations last quarter. Revenue increased 36.6% and net income increased 30.0% YoY. Market exhibits both favorable (e.g., increase in total loss frequency) and unfavorable (e.g., increase in used car price) trends. Overall, favorable trends should dominate, pushing growth upward.

Copart: Another Impressive Quarter

Copart, Inc. (CPRT) CEO Jeff Liaw on Q1 2022 Results - Earning Call Transcript

News for Copart Stock (CPRT)