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

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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