KAR Auction Services (NYSE: KAR) reported Q2 adj-EPS of $0.32, 1 cent worse than the analyst estimate of $0.33. Revenue for the quarter came in at $470.6 million versus the consensus estimate of $491.28 million.

Sees FY11 EPS of $1.20-$1.25, vs. the consensus of $1.24.

Earnings Guidance