KAR Auction Services, Inc. Reports 2018 Financial Results
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Kar Auction (KAR) PT Lowered to $56 at Baird
February 21, 2019 9:08 AM ESTBaird analyst Craig Kennison lowered the price target on Kar Auction (NYSE: KAR) to $56.00 (from $64.00) while maintaining a Outperform rating following 4Q. KAR reported an upside to adjusted EPS ($0.62 vs. $0.59), but offered mixed guidance including adjusted EPS of $2.90-$3.09 versus $3.20 estimates.
Shares fell 13%... More
Kar Auction Services (KAR) Tops Q4 EPS by 3c, Revenues Miss; Offers FY19 EPS Guidance Below Consensus
February 19, 2019 4:19 PM ESTKar Auction Services (NYSE: KAR) reported Q4 EPS of $0.62, $0.03 better than the analyst estimate of $0.59. Revenue for the quarter came in at $929 million versus the consensus estimate of $935.7 million.
"Our fourth quarter and year-end results reflect contributions from across our businesses and continued... More
