DealerTrack Holdings (TRAK) Reports In-Line Q4 EPS; Issues Mixed FY15 Outlook

DealerTrack Holdings (NASDAQ: TRAK) reported Q4 EPS of $0.42, in-line with the analyst estimate of $0.42. Revenue for the quarter came in at $237.3 million versus the consensus estimate of $228.32 million.

DealerTrack Holdings sees FY2015 EPS of $1.39-$1.48, versus the consensus of $1.82. DealerTrack Holdings sees FY2015 revenue of $1.08-1.1 billion, versus the consensus of $1.02 billion.

“Dealertrack’s strong revenue and non-GAAP earnings growth this quarter reflects the positive momentum we are gaining with our expanded platform of connected technologies and services that are driving the convergence of online to in-store automotive retailing,” said Mark O’Neil, chairman and chief executive officer, Dealertrack Technologies. “For the fourth quarter in a row, our organic growth was more than 20 percent. We are proud of our team’s execution and are inspired by the future of our business as we expand into global markets with the acquisition of incadea plc.”

For earnings history and earnings-related data on DealerTrack Holdings (TRAK) click here.

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