Can Copart Shares Sustain Their Recovery Momentum?
03.11.2025 - 14:01:04
After touching yearly lows, Copart’s stock is gradually ascending, yet the technical outlook remains divided. As the shares post modest gains in the current session, investors are grappling with a pivotal question: Will the company’s strategic push for improved service margins be sufficient to definitively reverse the prevailing downtrend?
The upcoming quarterly report, scheduled for November 20, represents a crucial juncture for the vehicle auction specialist. Market researchers are forecasting earnings per share of $0.40, which would translate to an 8.1 percent year-over-year increase. The company’s recent performance has been a mixed bag; in the fourth quarter of 2025, it posted an EPS of $0.41, surpassing the $0.37 estimate, but revenue of $1.13 billion Read more...
