KAR Auction Services: Q4 Earnings Insights

KAR Auction Services KAR reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

KAR Auction Services beat estimated earnings by 450.0%, reporting an EPS of $0.11 versus an estimate of $0.02.

Revenue was up $19.80 million from the same period last year.

Last quarter the company missed on EPS by $0.02, which was followed by a 0.81% drop in the share price the next day.

Here's a look at KAR Auction Services's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.10	0.19	0.12	0.28
EPS Actual	0.08	0.15	0.45	-0.01
Revenue Estimate	521.67M	588.80M	558.73M	571.95M
Revenue Actual	535.20M	585.40M	581.60M	529.60M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.