KAR Auction Services (KAR) Tops Q1 EPS by 8c; Reaffirms

KAR Auction Services (NYSE: KAR) reported Q1 EPS of $0.41, $0.08 better than the analyst estimate of $0.33. Revenue for the quarter came in at $482.7 million versus the consensus estimate of $468.88 million.

Reaffirms outlook.

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