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Commanding a market capitalization of $45.1 billion, Copart, Inc. (CPRT) is a global leader in online vehicle auctions and remarketing services, facilitating the sale of over 4 million vehicles annually across 200+ locations in 11 countries. Founded in 1982 and headquartered in Dallas, it serves insurance companies, dealers, and fleet operators through its proprietary VB3 auction platform.
The automobile reseller is expected to announce its fiscal Q4 earnings results on Wednesday, Sept. 3. Prior to this event, analysts expect CPRT to report a profit of $0.37 per share, up nearly 12.1% from $0.33 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.
