KAR Auction Services, Inc. Reports Third Quarter 2017 Financial Results

Go back to KAR Auction Services, Inc. Reports Third Quarter 2017 Financial Results

Kar Auction Services (KAR) Raises Quarterly Dividend 9.4% to $0.35; 3% Yield

October 31, 2017 4:55 PM EDT

Kar Auction Services (NYSE: KAR) declared a quarterly dividend of $0.35 per share, or $1.4 annualized. This is a 9.4% increase from the prior dividend of $0.32.

The dividend will be payable on January 5, 2018, to stockholders of record on December 20, 2017, with an ex-dividend date of December 19,... More

Kar Auction Services (KAR) Tops Q3 EPS by 7c, Raises EPS Guidance

October 31, 2017 4:51 PM EDT

Kar Auction Services (NYSE: KAR) reported Q3 EPS of $0.57, $0.07 better than the analyst estimate of $0.50. Revenue for the quarter came in at $843 million versus the consensus estimate of $846 million.

GUIDANCE:

Kar Auction Services sees FY2017 EPS of $2.30-$2.40, versus the... More