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

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

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