Copart Shares Fall 4.7% After Reporting 45 Cents EPS (CPRT)

Shares of Copart, Inc. CPRT are trading down 4.7% at $33.83 per share during the Wednesday morning trading session. The morning's trading range for shares of Copart, Inc has been between $33.75 and $36.21 per share. Analysts covering the company's stock give it a consensus price target of $41.21 per share. Volume of 650,000 shares is already well above the daily average volume of 500,000 shares. Copart, Inc. (CPRT) announced on Tuesday after the market closed that it met consensus Wall Street earnings expectations. Copart, Inc announced 1st quarter earnings per share of 45 cents. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 45 cents per share. Read more from Benzinga's Company news.