Copart Shares Dip After Revenue Miss Despite Strong Profit Growth

Copart, Inc. (NASDAQ:CPRT) saw its shares fall 2% intra-day on Friday after the online vehicle auction platform reported first-quarter revenue that came in slightly below Wall Street forecasts, even as earnings exceeded estimates. Revenue for the quarter ended October 31, 2025, totaled $1.16 billion, short of the $1.18 billion analyst consensus but up 0.7% from the same period last year. Adjusted earnings per share came in at $0.41, ahead of expectations of $0.40 and rising 11.7% from $0.37 a year earlier. ...