Copart Earnings Plummet on Expected Costs
Online automotive auction company Copart (NASDAQ: CPRT) saw its revenue climb in the first quarter of fiscal 2018, but earnings took a nosedive as the company paid "abnormal" -- but expected -- sums of money to house vehicles in the wake of Hurricane Harvey.
Data source: Copart.
Image source: Getty Images.
Source: Fool.com
Copart Inc. Stock
€50.41
-0.410%
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As a result the target price of 60 € shows a slightly positive potential of 19.02% compared to the current price of 50.41 € for Copart Inc..
