The totaled auto auction industry is a lucrative market with many tailwinds. 80% of the market is split between Copart and IAA, making it a Duopoly. The companies differentiate each other in their ...

Hi Anchors,As we shared in our last NOTW, IAA (IAA) announced this week that it will be acquired by Ritchie Bros (RBA). IAA is Copart's main competitor, and the salvage industry is basically a duopoly ...

We are initiating coverage on salvage vehicle auctioneer Copart CPRT with a wide moat and a $77 fair value estimate. We see the firm as a phenomenal business with only one large competitor in IAA, ...

Investment management company Ave Maria recently released its “Ave Maria Growth Fund” second quarter 2023 investor letter. A copy of the same can be downloaded here. The total return of the fund in ...

Copart, Inc. CPRT is set to release second-quarter fiscal 2023 results today, after the closing bell. The Zacks Consensus Estimate for the quarter’s earnings per share and revenues is 56 cents and ...

Qualivian Investment Partners, an investment partnership focused on long-only public equities, released its Q3 2025 investor letter. A copy of the letter can be downloaded here. The fund outperformed ...

Copart, Inc. CPRT reported second-quarter fiscal 2023 (ended Jan 31, 2023) adjusted earnings per share of 61 cents, beating the Zacks Consensus Estimate of 56 cents. The outperformance was due to ...