Kar Auction Services (KAR) Declares $0.27 Quarterly Dividend; Plans $200M Common Stock Accelerated Buyback

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Go back to Kar Auction Services (KAR) Declares $0.27 Quarterly Dividend; Plans $200M Common Stock Accelerated Buyback

Sterne Agee CRT Raises Price Target on Kar Auction Services (KAR) Following 2Q

August 5, 2015 8:46 AM EDT

Sterne Agee CRT reiterated a Buy rating on Kar Auction (NYSE: KAR), and raised the price target to $50.00 (from $49.00), following 2Q15 results. Analyst Ali Faghri expects improved flow-through in 2H15 as acquisition costs and FX headwinds moderate.

Faghri commented, "KAR's 2Q15 results... More

Kar Auction Services (KAR) Reports In-Line Q2 EPS

August 3, 2015 4:18 PM EDT

Kar Auction Services (NYSE: KAR) reported Q2 EPS of $0.46, in-line with the analyst estimate of $0.46. Revenue for the quarter came in at $658 million versus the consensus estimate of $627.61 million.

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

... More