KAR Auction Services, Inc. Reports 2019 Financial Results

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Kar Auction Services (KAR) Misses Q4 EPS by 10c, Revenues Beat; Offers FY20 EPS Guidance Below Consensus

February 18, 2020 5:07 PM EST

Kar Auction Services (NYSE: KAR) reported Q4 EPS of $0.19, $0.10 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $671.3 million versus the consensus estimate of $665.71 million.

GUIDANCE:

Kar Auction Services sees FY2020 EPS of $1.28-$1.38, versus the... More