Welcome to our dedicated page for Copart news (Ticker: CPRT), a resource for investors and traders seeking the latest updates and insights on Copart stock.
Copart, Inc. (NASDAQ: CPRT) is a Dallas-based company that operates global online vehicle auctions and provides vehicle remarketing services. Founded in 1982, Copart’s public disclosures describe it as a global leader in online vehicle auctions, connecting vehicle consignors to approximately 1 million members in over 185 countries. This news page focuses on the company’s ongoing announcements, financial updates, and operational developments that matter to investors and industry participants.
Visitors to this CPRT news feed can review Copart’s press releases on quarterly and annual financial results, which are often accompanied by details on revenue, gross profit, net income, and segment performance for the United States and international operations. The company regularly announces the timing of its earnings releases and related conference calls, providing investors with schedules for webcasts and replays.
Beyond earnings, Copart’s news also covers business collaborations and technology-related initiatives. For example, a recent release described a collaboration integrating Copart’s Title Express and Loan Payoff system with a digital payments platform to modernize lienholder payments for total loss vehicle claims. Such announcements illustrate how Copart’s online auction platforms and related systems interact with insurance carriers, lenders, and other participants in the vehicle remarketing process.
Because Copart operates at over 250 locations in 11 countries and sells more than 4 million units in the last year, its news can reflect trends in vehicle remarketing activity, cross-border buyer participation, and the company’s use of technology in its auction platforms. Investors, consignors, and buyers who follow CPRT news can use this page to monitor Copart’s reported financial performance, strategic relationships, and operational updates over time.
Copart (NASDAQ: CPRT) has scheduled its first quarter fiscal 2025 earnings release for Thursday, November 21, 2024, after 4:00 p.m. Eastern Time. The company will host a conference call at 5:30 p.m. Eastern Time to discuss the results, which will be accessible via webcast at www.copart.com/investorrelations. A replay will be available through February 2025. Copart, founded in 1982, is a global leader in online vehicle auctions, operating in 11 countries with over 250 locations. The company sold more than 4 million units last year, connecting vehicle consigners to approximately 1 million members across 185 countries.
Copart (NASDAQ: CPRT) reported its Q4 and full-year fiscal 2024 financial results. For Q4, revenue increased by 7.2% to $1.1 billion, while gross profit decreased by 0.9% to $454 million. Net income attributable to Copart decreased by 7.3% to $323 million. Fully diluted EPS for Q4 was $0.33, down 8.3% year-over-year.
For the full fiscal year 2024, Copart's revenue grew 9.5% to $4.2 billion, gross profit increased 9.8% to $1.9 billion, and net income rose 10.1% to $1.4 billion. Full-year diluted EPS was $1.40, up 9.4% from the previous year. The company will host a conference call on September 4, 2024, to discuss the results.
Copart, Inc. (NASDAQ: CPRT) has announced the release of its fourth quarter fiscal 2024 earnings on Wednesday, September 4, 2024, after 4:00 p.m. Eastern Time. The company will conduct a conference call at 5:30 p.m. Eastern Time to discuss the results. Investors can access the webcast live at www.copart.com/investorrelations, with a replay available through November 2024.
Copart, founded in 1982, is a global leader in online vehicle auctions, connecting consigners to approximately 1 million members across 185+ countries. The company operates in 11 countries with over 250 locations, selling more than 4 million units last year. Copart offers remarketing services to various entities, including insurance companies, financial institutions, and individuals.
Copart, a global leader in online vehicle auctions, announced that CFO Leah Stearns will participate in a fireside chat at Baird's Global Consumer, Technology & Services Conference on June 6, 2024. The event will be live-streamed at 10:15 am ET and accessible via Copart's investor relations website. Founded in 1982, Copart connects vehicle consigners with buyers in over 185 countries, selling over 4 million units last year through its innovative online platforms. The company operates across 11 countries with 250 locations, offering services to insurance companies, financial institutions, dealers, and more.
Copart (NASDAQ: CPRT) announced its financial results for Q3 of fiscal 2024, ending April 30, 2024. The company reported revenue of $1.13 billion, gross profit of $525.5 million, and net income of $382.3 million, reflecting year-over-year increases of 10.3%, 8.7%, and 9.1%, respectively. Fully diluted EPS rose by 8.3% to $0.39. For the first nine months, revenue was $3.17 billion, gross profit $1.5 billion, and net income $1.0 billion, showing increases of 10.3%, 13.6%, and 16.9%, respectively. EPS for nine months increased by 16.3% to $1.07. A conference call to discuss these results is scheduled for May 16, 2024.
Copart, Inc. (NASDAQ: CPRT) will release earnings for the third quarter of fiscal 2024 on May 16, 2024, followed by a conference call. Founded in 1982, Copart is a global leader in online vehicle auctions, connecting consigners to 1 million members in 185 countries. With operations in 11 countries, Copart sold over 4 million units last year.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
FAQ
What is the current stock price of Copart (CPRT)?
What is the market cap of Copart (CPRT)?
