Why Copart Stock Dropped on Earnings Today
Shares of Copart (NASDAQ: CPRT), which runs online auctions for automobiles approaching (or at) their end of life, including for spare parts, slumped 4.1% through 2 p.m. ET Friday despite the company reporting better than expected earnings in its fiscal fourth-quarter 2025 report last night.
Heading into earnings, analysts forecast Copart to earn $0.36 per share on $1.14 billion in sales for the quarter ended July 31. The company actually earned $0.41 per share, albeit sales were only $1.13 billion.
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Source Fool.com
Copart Inc. Stock
€33.59
0.830%
Currently there is a rather positive sentiment for Copart Inc. with 4 Buy predictions and 1 Sell predictions.
With a target price of 46 € there is a positive potential of 36.95% for Copart Inc. compared to the current price of 33.59 €.
