KAR Auction Services, Inc. Reports 2015 Financial Results and Dividend Increase
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/7/2026
- Rivian Automotive (RIVN) files for 75M share offering
- Rivian offers Q2 2026 revenue outlook, cash position grows
- Nokia OYJ (NOKIA:FH) (NOK) PT Raised to EUR14 at Kepler Cheuvreux
- Fiserv president resigns, interim leaders named for financial unit
- Coursera plans layoffs after Udemy merger, estimates $8M-$11M in costs
Sterne Agee CRT Remains Bullish on Kar Auction Services (KAR); Earnings Growth Limited by FX and Acquisition Costs
February 19, 2016 8:15 AM ESTSterne Agee CRT maintained a Buy rating on Kar Auction (NYSE: KAR), and cut the price target to $46.00 (from $50.00), following the company's 4Q earnings report. Despite strong volume trends in 4Q15, earnings growth was limited by unfavorable currency, acquisition costs and higher ancillary service mix,... More
Kar Auction Services (KAR) Declares $0.29 Quarterly Dividend; 3.4% Yield
February 17, 2016 4:51 PM ESTKar Auction Services (NYSE: KAR) declared a quarterly dividend of $0.29 per share, or $1.16 annualized.
The dividend will be payable on April 5, 2016, to stockholders of record on March 23, 2016, with an ex-dividend date of March 21, 2016.
The annual yield on the dividend is 3.4... More
Kar Auction Services (KAR) Tops Q4 EPS by 3c
February 17, 2016 4:51 PM ESTKar Auction Services (NYSE: KAR) reported Q4 EPS of $0.45, $0.03 better than the analyst estimate of $0.42. Revenue for the quarter came in at $682.2 million versus the consensus estimate of $658.27 million.
GUIDANCE:
Kar Auction Services sees FY2016 EPS of $2.05-$2.20, versus the... More
