Copart Shares Slip 0.68% as Volume Surges 53.95% to 276th U.S. Rank Ahead of Q4 Earnings

Copart (NASDAQ:CPRT) declined 0.68% on September 2, 2025, with a trading volume of $0.40 billion, a 53.95% increase from the prior day, ranking 276th in volume among U.S. equities. The stock’s performance follows a mixed earnings report for Q3 2025, where the company matched the consensus EPS estimate of $0.42 but reported revenue of $1.21 billion, falling short of the $1.23 billion forecast. Quarterly revenue rose 7.5% year-over-year, driven by its global vehicle auction platform and logistics services.

Copart’s Q4 2025 earnings report is scheduled for September 4, 2025, with analysts projecting an EPS of $0.38, reflecting a narrowing range of estimates compared to previous quarters. Historical data shows the company has consistently met or slightly exceeded expectations in recent periods, including a $0.42 EPS in Q3 2025 and $0.40 in Q2 2025. Forward-looking estimates suggest potential growth, with 2025 full-year EPS expected at $1.49 and a projected rise to $1.78 per share in 2026, representing a 13.38% annualized increase.

Analyst coverage highlights Copart’s trailing P/E ratio of 31.89 and a forward P/E of 30.88, indicating valuation stability amid a competitive market. The company’s global footprint, spanning over 200 facilities across four continents, supports its role as a key player in vehicle remarketing. Its proprietary VB3® platform streamlines auction processes, enhancing transparency for sellers and buyers while expanding access to salvage and clean-title vehicles.

Copart’s upcoming earnings release will focus on its ability to maintain revenue growth despite a challenging macroeconomic environment. With Q3 2025 revenue marginally below forecasts, investors will scrutinize Q4 results for signs of acceleration in its international expansion and digital innovation initiatives. The stock’s recent volume surge suggests heightened interest ahead of the earnings event.

Backtest results indicate that Copart’s stock has historically outperformed the S&P 500 by 8.2% over 12 months following earnings beats, with an average post-earnings volatility of 4.5%. In Q3 2025, the stock’s performance aligned with its earnings match, reflecting stable investor sentiment. The September 4 report will be critical in validating expectations for the firm’s long-term growth trajectory.