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KAR Auction Services Q1 EPS $0.090 Misses $0.160 Estimate, Sales $645.500M Miss $649.220M Estimate

KAR Auction Services (NYSE:KAR) reported quarterly earnings of $0.090 per share which missed the analyst consensus estimate of $0.160 by 43.75 percent. This is a 87.14 percent decrease over earnings of $0.700 per share

Benzinga · 05/07/2020 11:43

KAR Auction Services (NYSE:KAR) reported quarterly earnings of $0.090 per share which missed the analyst consensus estimate of $0.160 by 43.75 percent. This is a 87.14 percent decrease over earnings of $0.700 per share from the same period last year. The company reported quarterly sales of $645.500 million which missed the analyst consensus estimate of $649.220 million by 0.57 percent. This is a 38.35 percent decrease over sales of $1.047 billion the same period last year.