KAR Auction Services (NYSE: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 |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
