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KAR Auction Services (KAR) Issues Q3 Miss; Guides FY11 Above the Street

November 2, 2011 5:11 PM
KAR Auction Services (NYSE: KAR) reported Q3 EPS of $0.23, $0.05 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $447 million versus the consensus estimate of $454.89 million.

KAR Auction Services sees FY2011 EPS of $1.18-$1.20, versus the consensus of $1.11.

Categories

Earnings Guidance