CEO Jeffrey Liaw opened the call by stating, "We're pleased to announce the results of another record year for Copart across a number of dimensions, including units sold, revenue and operating profit.
Management did not provide explicit forward guidance for revenues or EPS. Liaw and Stearns reiterated their focus on sustaining auction returns and further improving operational efficiency. There was ...
DALLAS, Oct. 10, 2023 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT) a global leader in online auto auctions, today announced a new strategic investment and partnership with Purple Wave, Inc., an online ...
With a market share of roughly 40%, Copart is the king of auto auctions. The company’s competitiveness is supported by its multiple locations (both domestic and international) and the size of its new ...
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As Copart flails, this rival bids up a breakout. Day of judgment nears.
With earnings on tap for this month, auctions leader RB Global closes in on a new buy point as rival Copart struggles.
Let’s dig into the relative performance of Copart (NASDAQ:CPRT) and its peers as we unravel the now-completed Q4 asset management & auction services earnings season. Like in other industries, the ...
We are initiating coverage on salvage vehicle auctioneer Copart CPRT with a wide moat and a $77 fair value estimate. We see the firm as a phenomenal business with only one large competitor in IAA, ...
The market’s enthusiasm for Copart (CPRT) has cooled lately, despite the company’s solid fundamentals. The stock is down about 30% over the past six months, even as the S&P 500 has gained roughly 20% ...
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