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Valued at a market cap of $39.7 billion, Copart, Inc. (CPRT) is a Texas-based multinational leader in online vehicle auctions and remarketing services. Copart operates a proprietary, technology-driven platform that connects sellers, primarily insurance companies, fleet operators, rental companies, and financial institutions, with a global base of buyers, including dismantlers, rebuilders, used-vehicle dealers, exporters, and individual consumers.
It is expected to announce its fiscal Q2 earnings for 2026 in the near future. Before this event, analysts expect this online car auction company to report a profit of $0.39 per share, down 2.5% from $0.40 per share in the year-ago quarter. The company has met or surpassed Wall Street’s bottom-line estimates in each of the last four quarters.