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Copart Earnings Plummet on Expected Costs


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.

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Source: Fool.com

Copart Inc. Stock

€48.19
1.520%
There is an upward development for Copart Inc. compared to yesterday, with an increase of €0.72 (1.520%).
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the Copart Inc. stock is not clear.
With a target price of 50 € there is a slightly positive potential of 3.76% for Copart Inc. compared to the current price of 48.19 €.
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