Copart (CPRT) stock declined by 3.5% after its Q4 earnings report revealed revenue of $1.12 billion and earnings per share of $0.36, both falling below Wall Street expectations. The company also experienced a contracted operating margin and missed adjusted EBITDA estimates, leading to a negative investor reaction. Despite historically low volatility, the significant price movement indicates the market’s concern over these financial results, with the stock now 4% down year-to-date and 43.2% below its 52-week high.
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Copart (CPRT) Stock Falls After Q4 Earnings Report - Revenue and EPS Below Estimates - News and Statistics
Copart (CPRT) stock declined by 3.5% after its Q4 earnings report revealed revenue of $1.12 billion and earnings per share of $0.36, both falling below Wall Street expectations. The company also experienced a contracted operating margin and missed adjusted EBITDA estimates, leading to a negative investor reaction. Despite historically low volatility, the significant price movement indicates the market’s concern over these financial results, with the stock now 4% down year-to-date and 43.2% below its 52-week high.