Kar Auction Services (KAR) Tops Q1 EPS by 6c, Updates FY Guidance

Kar Auction Services (NYSE: KAR) reported Q1 EPS of $0.55, $0.06 better than the analyst estimate of $0.49. Revenue for the quarter came in at $745 million versus the consensus estimate of $693.18 million.

GUIDANCE:

Kar Auction Services sees FY2016 EPS of $2.03-$2.18, versus the consensus of $2.10.

For earnings history and earnings-related data on Kar Auction Services (KAR) click here.

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