Copart Stock Drops After Q2 Earnings: Here's Why

Benzinga
02/20

Copart, Inc. (NASDAQ:CPRT) shares dropped in Thursday's extended trading after the company released its second-quarter earnings report, missing estimates on the top and bottom lines.

Here's a look at the details from the quarter. 

  • CPRT stock is moving. Watch the price action here.

Q2 Details

Copart reported quarterly earnings of 36 cents per share, which missed the consensus estimate of 40 cents, according to data from Benzinga Pro.

Quarterly revenue of $1.12 billion missed the Street estimate of $1.14 billion and was down from $1.16 billion in the same period last year.

The company will hold a conference call on Thursday at 5:30 p.m. ET to discuss the results.

Expert Ideas

Copart stock carries a Buy rating with an average price target of $36.27.

Recent analyst moves include:

JPMorgan: Neutral (Lowers target to $45 on Nov. 24, 2025)Barclays: Underweight (Raises target to $33 on Nov. 21, 2025)Baird: Outperform (Lowers target to $52 on Nov. 21, 2025)

CPRT Price Action: Copart shares were down 0.26% during regular trading and down 11.16% in after-hours trading on Thursday, last trading at $33.45, according to Benzinga Pro data.

Photo: ChristianLphoto / Shutterstock

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10