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.

Earnings

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.

Past Earnings Performance

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.

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