Copart Inc (CPRT) reported financial results for the first quarter of fiscal 2026 that surpassed analyst expectations. The company's earnings per share (EPS) reached $0.41, exceeding the consensus estimate of $0.40 by $0.01. Revenue for the quarter was reported at $1.2 billion, matching analysts' expectations.
The earnings conference call is scheduled for later today, where management will discuss these results and provide further insights into the company's performance.
This update provides insight into Copart Inc's operational performance and financial health. The firm, which engages in online auctions and vehicle remarketing services, operates more than 200 locations across 11 countries, including the United States, the United Kingdom, and Germany. With a market capitalisation of $40.0 billion and a trailing twelve months (TTM) price-to-earnings (P/E) ratio of 25.79, Copart continues to serve a diverse customer base, including insurance companies and vehicle dealers.
Looking ahead, Copart's upcoming earnings on May 20, 2026, are expected to show an EPS of $0.47 and revenue of $1.3 billion. Investors are encouraged to review the complete earnings release and listen to management commentary for a comprehensive understanding of the quarter's performance and future outlook.