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.
Image source: Getty Images.
Source Fool.com
Copart Inc. Aktie
28,27 €
1,79 %
Die Community zeigt leichtes Interesse an Copart Inc. mit mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 46 € für Copart Inc. signalisiert eine potenzielle Steigerung von über 50% gegenüber dem aktuellen Kurs von 28.27 €.
