KAR Auction Services, Inc. Reports First Quarter 2019 Financial Results

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Kar Auction Services (KAR) Misses Q1 EPS by 7c, Offers FY Guidance

May 7, 2019 5:25 PM EDT

Kar Auction Services (NYSE: KAR) reported Q1 EPS of $0.70, $0.07 worse than the analyst estimate of $0.77. Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.01 billion.

GUIDANCE:

Kar Auction Services sees FY2019 EPS of $2.90-$3.09, versus the... More