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KAR Auction Services (KAR) Posts Q2 Adj-EPS of 32c, Misses by 1c; Guides FY11

August 9, 2011 5:06 PM EDT
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PLCE, COE, JVA, More
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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.


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