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The Latest Breaking News from KAR Auction Services

Benzinga's Top Ratings Upgrades, Downgrades For May 4, 2022

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Benzinga · May 4, 2022

KAR Auction Services: Q1 Earnings Insights

KAR Auction Services (NYSE:KAR) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

Benzinga · May 3, 2022

KAR Auction Services's Earnings: A Preview

KAR Auction Services (NYSE:KAR) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that KAR Auction Services will report an earnings per share (EPS) of $0.12.

Benzinga · May 2, 2022

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Carvana To Raise $2.3B Via Debt To Finance ADESA Acquisition

Carvana Co (NYSE:CVNA) plans to offer $2.275 billion of Senior Unsecured Notes due 2030. The company intends to use the proceeds to finance the proposed acquisition of the U.S. physical auction business of ADESA Inc from KAR Auction Services (NYSE:KAR) for about $2.2 billion. ADESA U.S. is a provider of wholesale vehicle auction solutions in the U.S. with…

Benzinga · Apr 25, 2022

3 Stocks to Avoid as Used Car Prices Skyrocket

Recent supply chain disruptions and geopolitical tensions have negatively affected automobile production and sales, increasing used car prices. This has led Carvana (CVNA), CarMax (KMX), and KAR Auction Services (KAR) to witness a significant slowdown in used-car sales volume. Therefore, we think these stocks are best avoided now. Read on.

StockNews.com · Apr 21, 2022

45 Stocks Moving In Friday's Mid-Day Session

Gainers KAR Auction Services, Inc. (NYSE: KAR) shares climbed 39.2% to $19.05 after the company agreed to sell its ADESA U.S. physical auction business to Carvana for $2.2 billion. Guggenheim upgraded KAR Auction Services from Sell to Neutral.

Benzinga · Feb 25, 2022

KAR Auction Services: Q4 Earnings Insights

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.

Benzinga · Feb 16, 2022

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What Does KAR Auction Services's Debt Look Like?

Shares of KAR Auction Services (NYSE:KAR) fell by 20.85% in the past three months. Before having a look at the importance of debt, let us look at how much debt KAR Auction Services has.

Benzinga · Feb 14, 2022

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