Copart falls on lower quarterly earnings
ReutersFeb 20, 2026 2:18 PM
Shares of online vehicle auction services provider Copart CPRT.O dip 12% to about $33 premarket
Co on Thursday posted a decline in second-quarter profit and revenue due to lower vehicle sales and service volumes
Reported Q2 profit of 36 cents/share, as compared to 40 cents/share a year ago
Its quarterly revenue fell 3.6% to $1.12 billion
As of last close, shares down 3.8% YTD
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