Earnings Preview: What to Expect From Copart's Report

Core Insights - Copart, Inc. is a leading global provider of online vehicle auction and remarketing services, with a market cap of $43.2 billion and operates a digital auction platform using proprietary VB3 technology [1] - The company is expected to announce its fiscal Q1 earnings for 2026 soon, with analysts predicting a profit of $0.40 per share, an 8.1% increase from the previous year [2] - For fiscal 2026, analysts forecast a profit of $1.68 per share, a 5.7% increase from fiscal 2025, and an 11.3% year-over-year growth to $1.87 in fiscal 2027 [3] Financial Performance - In Q4, Copart reported a revenue increase of 5.2% year-over-year to $1.1 billion, with EPS climbing 24.2% to $0.41, surpassing consensus estimates by 10.8% [5] - The company's service revenue rose by 7.1%, but this was partially offset by a 4% decline in vehicle sales, attributed to macroeconomic softness [5] Market Sentiment - Over the past 52 weeks, Copart's stock has fallen 14.6%, underperforming the S&P 500 Index's 18.4% return and the Industrial Select Sector SPDR Fund's 15.1% increase [4] - Wall Street analysts maintain a "Moderate Buy" rating on Copart's stock, with a mean price target of $58.44, indicating a potential upside of 32.3% from current levels [6]