KAR Auction Services, Inc. Reports First Quarter 2023 Financial Results

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Kar Auction Services (KAR) Tops Q1 EPS by 3c; Maintains Outlook

May 2, 2023 4:18 PM EDT

Kar Auction Services (NYSE: KAR) reported Q1 EPS of $0.12, $0.03 better than the analyst estimate of $0.09. Revenue for the quarter came in at $420.6 million versus the consensus estimate of $385.23 million.

GUIDANCE:

Kar Auction Services maintains FY2023 EPS of $0.37-$0.47, versus the... More