Despite an Earnings Dip in the Fourth Quarter, Copart Ends the Year Strong

Despite an Earnings Dip in the Fourth Quarter, Copart Ends the Year Strong

Copart (NASDAQ: CPRT), the online automotive auction services company, incurred an impairment charge in the quarter, which weighed on its earnings, but full-year 2017 revenue, net income, and earnings were solid. Here's a rundown of the company's most recent results.

Data source: Copart. 

Copart's net income and earnings-per-share drop came mainly from an impairment charge.  

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Source: Fool.com