On May 9, 2022, KAR Auction Services, Inc. completed the previously announced sale of its U.S. physical auction business. The Sale was consummated pursuant to the previously disclosed Securities and Asset Purchase Agreement with Carvana Group, LLC, a Delaware limited liability company (Buyer), and Carvana Co. Upon the completion of the Sale, John Hammer, Chief Commercial Officer for the Company and President of ADESA, Inc., departed the Company and commenced employment with Buyer.
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5-day change | 1st Jan Change | ||
17.74 USD | +0.17% | +0.28% | +19.78% |
May. 01 | Earnings Flash (KAR) OPENLANE Reports Q1 EPS $0.19, vs. Street Est of $0.21 | MT |
May. 01 | Earnings Flash (KAR) OPENLANE Posts Q1 Revenue $416.3M, vs. Street Est of $425.1M | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+19.78% | 1.92B | |
+121.00% | 13.68B | |
-6.55% | 11.28B | |
0.00% | 2.38B | |
+40.31% | 892M | |
+20.14% | 495M | |
-63.77% | 477M | |
0.00% | 475M | |
+26.86% | 289M | |
+0.53% | 242M |
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