Copart Inc (NAS:CPRT)
$ 58.46 -0.61 (-1.03%) Market Cap: 56.92 Bil Enterprise Value: 53.40 Bil PE Ratio: 41.60 PB Ratio: 7.20 GF Score: 97/100

Q3 2019 Copart Inc Earnings Call Transcript

May 23, 2019 / 01:00PM GMT
Release Date Price: $17.49 (+7.95%)
Operator

Good day, everyone, and welcome to the Copart Incorporated Third Quarter Fiscal 2019 Earnings Call. Just a reminder, today's conference is being recorded.

For opening remarks and introductions, I would like to turn the call over to Mr. Jay Adair, Chief Executive Officer of Copart Incorporated. Please go ahead, sir.

A. Jayson Adair
Copart, Inc. - CEO & Director

Thanks so much. Good morning, everyone, and welcome to the third quarter conference call for Copart. In the room today is Will Franklin, Executive Vice President; and Jeff Liaw, Chief Financial Officer.

We are calling from a hotel. So hopefully, you can hear us, so I know it's a little echoey. We just finished a great week at our annual advisory board. This is a chance for us to invite our Canadian customers, our U.S. customers in and exchange ideas and information about the industry and items that Copart is working on, technology and process that we're working on. So it's been a great week, and I think we can share some of that with you this morning. Some of the facts that we've

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