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Headquartered in Dallas, Texas, Copart, Inc. (CPRT) operates a leading online auction platform and delivers comprehensive remarketing solutions for both salvage and clean title vehicles. Boasting a market capitalization of $57.8 billion, the company’s diverse service offerings include online access for suppliers, salvage estimation, end-of-life vehicle processing, virtual exchanges for insurers, transportation logistics, and vehicle inspection stations, among others.
The automobile reseller is expected to announce its fiscal Q3 earnings results on Thursday, May 15. Prior to this event, analysts expect CPRT to report a profit of $0.42 per share, up nearly 7.7% from $0.39 per share in the year-ago quarter. The company has surpassed or met Wall Street's earnings estimates in three of the last four quarters while missing on another occasion.
