Copart, Inc. (CPRT) Lags Q4 Earnings Estimates
Copart reported quarterly earnings of $0.35 per share, missing the consensus estimate of $0.39 and falling short of year-ago earnings of $0.41. While revenues slightly exceeded expectations at $1.15 billion, the company has underperformed the S&P 500 by 18.2% year-to-date. The stock received a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market.