Kar Auction Services (KAR) Tops Q3 EPS by 7c, Raises EPS Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- SanDisk stock rallies on AI optimism and Fed relief
KAR Auction Services, Inc. Reports Third Quarter 2017 Financial Results
October 31, 2017 4:50 PM EDTFourth quarter 2017 dividend of $0.35 represents 9.4% increase over the previous dividend.Third quarter 2017 revenue increased to $843.0Â million with 46% incremental margins based on increased volume, decreased loan loss rate, and SG&A control.Net Income Per Share increased 18%, Operating Adjusted Net Income Per Share increased 14% and Adjusted EBITDA increased 13% over the quarter ended September 30, 2016.Company increases guidance for full year 2017 Net Income Per Share and Operating Adjusted Net Income Per Share.
CARMEL, Ind., Oct. 31, 2017 (GLOBE NEWSWIRE) -- KAR Auction Services, Inc. (NYSE:... More
