Published on 2 Nov 2021 on Zacks via Yahoo Finance
KAR Auction Services (KAR) Q3 Earnings and Revenues Top Estimates
KAR Auction Services (KAR) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected that this used and salvaged vehicle auctioneer would post earnings of $0.16 per share when it actually produced earnings of $0.15, delivering a surprise of -6.25%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.