KAR Auction Services, Inc. Reports 2016 Financial Results and the Fourth Quarter Repurchase of 1.9 Million Shares

Go back to KAR Auction Services, Inc. Reports 2016 Financial Results and the Fourth Quarter Repurchase of 1.9 Million Shares

UPDATE: Kar Auction Services (KAR) Misses Q4 EPS by 3c, FY17 Guidance Falls Short

February 21, 2017 4:41 PM EST

(Updated - February 21, 2017 4:43 PM EST)

Kar Auction Services (NYSE: KAR) reported Q4 EPS of $0.45, $0.03 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $813.7 million versus the consensus estimate of $786.64... More