Copart Inc is a leading online vehicle auction company that specializes in the resale of vehicles that have been damaged or are no longer in use. The company provides a platform that connects sellers—such as insurance companies, rental car firms, and fleet operators—with a global network of buyers, including dealers, salvage buyers, and individual consumers. Through its innovative online bidding system, Copart allows customers to purchase vehicles from the comfort of their homes while offering a seamless experience for managing sales and auctions. With a focus on technology and efficiency, Copart streamlines the process of buying and selling vehicles, making it easier for participants in the automotive market. Read More
Online vehicle auction company Copart (NASDAQ:CPRT) fell short of the market’s revenue expectations in Q1 CY2025, but sales rose 7.5% year on year to $1.21 billion. Its non-GAAP profit of $0.42 per share was in line with analysts’ consensus estimates.
Wall Street charged higher Tuesday, with U.S. equities posting broad-based gains by midday as investors embraced a risk-on mood, spurred by easing Treasury yields and renewed optimism surrounding trade talks between the U.S. and the European Union.
Large-cap stocks were the worst performers last week, with declines up to 23%. Reasons include revenue misses, FDA bans, and Uber's stake monetization.
Shares of online vehicle auction company Copart (NASDAQ:CPRT) fell 11.4% in the afternoon session after the company reported weak first quarter 2025 result that missed Wall Street's sales and EBITDA estimates, while earnings were in line. Overall this was a weaker quarter.
Let's have a look at what is happening on the US markets in the middle of the day on Friday. Below you can find the top S&P500 gainers and losers in today's session.
Curious about the market action on Friday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
As the US market prepares to open on Friday, let's get an early glimpse into the pre-market session and identify the S&P500 stocks leading the pack in terms of gains and losses.
Online vehicle auction company Copart (NASDAQ:CPRT) missed Wall Street’s revenue expectations in Q1 CY2025, but sales rose 7.5% year on year to $1.21 billion. Its GAAP profit of $0.42 per share was in line with analysts’ consensus estimates.
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Tuesday. Uncover the top gainers and losers in today's session for valuable insights.
Stay updated with the movements of the S&P500 index in the middle of the day on Tuesday. Discover which stocks are leading as top gainers and losers in today's session.
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
