IAA, Inc. Announces First Quarter Fiscal 2020 Financial Results

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IAA, Inc (IAA) Tops Q1 EPS by 1c, Revenues Beat

May 6, 2020 6:55 AM EDT

IAA, Inc (NYSE: IAA) reported Q1 EPS of $0.37, $0.01 better than the analyst estimate of $0.36. Revenue for the quarter came in at $366.6 million versus the consensus estimate of $353.84 million.

John Kett, Chief Executive Officer and President, stated, During this period of uncertainty, our focus continues to be on the health and safety of our employees, and we have implemented strict protocols to keep our employees and customers safe. Our business is considered an essential service, our branches remain open, and we remain committed to providing exceptional service to our buyer and seller... More