KAR Auction Services, Inc. Reports First Quarter 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Supermicro probe finds no senior management link to export violations
- SpaceX shares fall as second lockup period ends
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
Kar Auction Services (KAR) Misses Q1 EPS by 7c, Revenues Beat; Withdraws FY20 Guidance, Withdraws Dividends
May 7, 2020 6:30 AM EDTKar Auction Services (NYSE: KAR) reported Q1 EPS of $0.09, $0.07 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $689.6 million versus the consensus estimate of $649.22 million.
Impact of COVID-19 on Company Operations
On March 16, 2020, in response to the COVID-19 pandemic, the company announced that it was modifying its North American auction processes and would be holding auctions online only... More
