Shares of online vehicle auction company Copart (NASDAQ:CPRT) fell 3.5% in the morning session after the company reported fourth-quarter financial results that fell short of Wall Street's expectations ...

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.

Price targets on Copart have been reset lower, with JPMorgan moving from US$45 to US$34 and another firm trimming its target from US$33 to US$32, even as the model fair value holds at US$42.67. These ...

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 ...

Earnings call Copart reported FY2025 revenue of $4.65B (+9.7% YoY) and Q4 revenue of $1.13B (+5.2% YoY), with global gross profit up 10.1% for the year. Despite a 0.9% Q4 unit sales decline, ASPs rose ...