Copart Stock Drops After Q2 Earnings: Here's Why

Here's a look at the details from the quarter. CPRT stock is moving. Watch the price action here.Q2 Details Copart reported quarterly earnings of 36 cents per share, which missed the consensus estimate of 40 cents, according to data from Benzinga Pro. Quarterly revenue of $1.12 billion missed the Street estimate of $1.14 billion and was down from $1.16 billion in the same period last year.The company will hold a conference call on Thursday at 5:30 p.m. ET to discuss the results. Expert IdeasCopart stock car ...