The earnings call presented a balanced outlook with strong international growth and strategic investments in storm preparedness and non-insurance segments. However, challenges in the US insurance unit volume, decreased global inventory, and increased facility costs indicate areas of concern.

Company Guidance

In Copart, Inc.'s Third Quarter Fiscal 2025 earnings call, CEO Jeff Liaw and CFO Leah Stearns discussed several key metrics and trends. The global insurance volume saw a nominal decline of 0.3% year-over-year, with a 0.9% drop in the U.S., although accounting for leap year effects showed a 1.3% and 0.6% increase respectively. U.S. total loss frequency rose to 22.8%, up roughly 100 basis points from the previous year. Global unit sales grew by 1%, translating to over 2% on a per business day basis. U.S. insurance unit volume was nearly flat, while non-insurance U.S. unit volume outpaced this with significant growth in BlueCar services (14%) and dealer sales (3%). Internationally, unit sales grew by 6%, with purchase units decreasing by 13%. Global facility-related costs increased by 12%, reflecting ongoing investments. Revenues rose to $1.2 billion, with a 9% increase in global service revenue. GAAP net income increased by over 6% to $407 million, supported by a $7 million rise in interest income. The company also highlighted its strategic land acquisitions to enhance storm readiness, exemplified by the acquisition of Hall Ranch in South Florida, providing 400 acres for vehicle storage.

Stable Insurance Volume and Rising Total Loss Frequency

Global insurance volume remained relatively flat with a nominal decline of 0.3% globally in unit sales. Total loss frequency in the US reached 22.8%, up 100 basis points from last year, indicating resilience in the insurance segment.

Strategic Investment in Storm Preparedness

Acquisition of Hall Ranch in South Florida for vehicle storage, expanding capacity to handle large storms, demonstrating proactive investment in operational readiness.

Growth in Non-Insurance Segments

BlueCar services saw a year-over-year growth of almost 14%, and dealer sales volume including National Power Sport auctions grew over 3% year over year.

International Segment Performance

International unit sales grew by 6%, with fee units increasing 9%. International service revenue grew by about 18%.

Positive Financial Metrics

Global revenue increased to $1.2 billion. Global service revenue increased by over 9%, and third quarter GAAP net income increased by over 6% to $407 million.

Copart (CPRT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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CPRT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Sep 04, 2025	2025 (Q4)	0.36 / -	0.33	―	―	―
May 22, 2025	2025 (Q3)	0.42 / 0.42	0.39	7.69% (+0.03)	―
Feb 20, 2025	2025 (Q2)	0.37 / 0.40	0.33	21.21% (+0.07)	―
Nov 21, 2024	2025 (Q1)	0.37 / 0.37	0.34	8.82% (+0.03)	―
Sep 04, 2024	2024 (Q4)	0.36 / 0.33	0.34	-2.94% (-0.01)	―
May 16, 2024	2024 (Q3)	0.39 / 0.39	0.36	8.33% (+0.03)	―
Feb 22, 2024	2024 (Q2)	0.34 / 0.33	0.305	8.20% (+0.03)	―
Nov 16, 2023	2024 (Q1)	0.33 / 0.34	0.255	33.33% (+0.09)	―
Sep 14, 2023	2023 (Q4)	0.32 / 0.34	0.282	20.57% (+0.06)	―
May 17, 2023	2023 (Q3)	0.32 / 0.36	0.292	23.29% (+0.07)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CPRT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 22, 2025	$60.66	$53.67	-11.52%
Feb 20, 2025	$58.22	$56.59	-2.80%
Nov 21, 2024	$56.90	$62.70	+10.19%
Sep 04, 2024	$53.05	$49.51	-6.67%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Copart Inc (CPRT) report earnings?

Copart Inc (CPRT) is schdueled to report earning on Sep 04, 2025, Before Open (Confirmed).

What is Copart Inc (CPRT) earnings time?

Copart Inc (CPRT) earnings time is at Sep 04, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CPRT EPS forecast?

CPRT EPS forecast for the fiscal quarter 2025 (Q4) is 0.36.

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