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KAR Auction Services Inc (KAR.N)

KAR.N on New York Stock Exchange

43.47USD
24 Mar 2017
Change (% chg)

$-0.11 (-0.25%)
Prev Close
$43.58
Open
$43.66
Day's High
$43.74
Day's Low
$43.38
Volume
220,235
Avg. Vol
252,889
52-wk High
$47.01
52-wk Low
$35.68

Latest Key Developments (Source: Significant Developments)

KAR Auction Services Q4 earnings per share $0.33
Tuesday, 21 Feb 2017 04:40pm EST 

KAR Auction Services Inc : KAR Auction Services, Inc. Reports 2016 financial results and the fourth quarter repurchase of 1.9 million shares . Q4 earnings per share $0.33 . Q4 revenue $813.7 million versus I/B/E/S view $786.6 million . Q4 earnings per share view $0.48 -- Thomson Reuters I/B/E/S . Q4 adjusted operating earnings per share $0.45 . KAR Auction Services Inc sees 2017 net income per share $1.70 - $1.80 . Kar auction services inc - sees fy operating adjusted net income per share $2.15 - $2.25 . Sees 2017 capital expenditures of $145 million .Fy2017 earnings per share view $2.40 -- Thomson Reuters I/B/E/S.  Full Article

KAR Auction Services extends Midwest Platform with acquisition of Flint Auto Auction
Tuesday, 15 Nov 2016 09:20am EST 

KAR Auction Services Inc :KAR Auction Services extends midwest platform with acquisition of Flint Auto Auction.  Full Article

KAR Auction Services Q3 earnings per share $0.39
Thursday, 3 Nov 2016 04:30pm EDT 

KAR Auction Services Inc - : Board of directors has authorized repurchase of up to $500 million of company's outstanding common stock over next three years . Sees 2016 net income per share $1.56 - $1.71 . Sees 2016 operating adjusted net income per share $2.03 - $2.18 . FY2016 revenue view $3.06 billion -- Thomson Reuters I/B/E/S . Announced a cash dividend today of $0.32 per share on the company's common stock, an increase of $0.03 per share . Sees FY 2016 capital expenditures $ 155 million . Sees 2016 adjusted ebitda $735 - $760 million . Sees FY 2016 adjusted ebitda $735 - $760 million . Sees FY 2016 net income per share $1.56 - $1.71 . Reports third quarter 2016 financial results, dividend increase and share repurchase authorization . Q3 adjusted operating earnings per share $0.50 . Q3 earnings per share $0.39 . Q3 revenue $773.8 million versus I/B/E/S view $770.8 million .Q3 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.  Full Article

KAR Auction Services Inc Reports Q2 2016 financial results
Tuesday, 2 Aug 2016 04:15pm EDT 

KAR Auction Services Inc : Q2 adjusted operating earnings per share $0.55 . Q2 revenue $771.8 million versus I/B/E/S view $756.4 million . KAR Auction Services, Inc. Reports second quarter 2016 financial results . Q2 earnings per share $0.44 . Q2 earnings per share view $0.56 -- Thomson Reuters I/B/E/S . Sees FY net income per share $1.56 - $1.71 .Sees FY 2016 capital expenditures $145 million.  Full Article

KAR Auction says announces acquisition of GRS Remarketing
Wednesday, 1 Jun 2016 09:15am EDT 

Kar Auction Services Inc : Kar auction services announces acquisition of GRS remarketing . GRS will be renamed ADESA UK following sale; jonathan holland, vp of business development for adesa uk, will become md .Acquired grs remarketing limited (grs), a subsidiary of greenhous group limited.  Full Article

KAR Auction Services, Inc. announces Dividend Increase
Wednesday, 17 Feb 2016 04:50pm EST 

KAR Auction Services, Inc:Says cash dividend today of $0.29 per share on the company's common stock.The dividend is payable on April 5, 2016, to stockholders of record as of the close of business on March 23, 2016.  Full Article

KAR Auction Services Inc gives FY 2016 earnings guidance
Wednesday, 17 Feb 2016 04:50pm EST 

KAR Auction Services Inc:Sees FY 2016 Adjusted EBITDA $725 mln - $750 mln.Sees FY 2016 Net income per share $1.60 - $1.75.Sees FY 2016 Operating adjusted net income per share $2.05 - $2.20.  Full Article

KAR Auction Services Announces Private Label Agreement With Auction Edge
Thursday, 24 Sep 2015 09:00am EDT 

KAR Auction Services, Inc's Openlane, Inc:Says it has agreed to build a private label website for Auction Edge utilizing Openlane's proprietary technology platform.  Full Article

KAR Auction Services Inc raises FY 2015 outlook
Monday, 3 Aug 2015 04:15pm EDT 

KAR Auction Services Inc:Expect FY 2015 adjusted EBITDA of $635 - $665 mln (prior range of $630 - $660 mln).Expects FY 2015 net income per share of $1.43 - $1.58 (prior range of $1.40 - $1.55).Expects FY 2015 adjusted net income per share of $1.62 - $1.77 (prior range of $1.60 - $1.75).FY 2015 EBITDA of $655 million and EPS of $1.72 - Thomson Reuters I/B/E/S.  Full Article

KAR Auction Services Inc's ADESA announces closing of acquisition of DataScan Vehicle Inspection Business
Friday, 22 May 2015 09:00am EDT 

ADESA:Says its subsidiary, AutoVIN, has successfully completed the acquisition of the vehicle inspection business from DataScan Field Services, a JM Family Enterprises company.Acquisition also brings three new offerings to the AutoVIN portfolio, including warranty claim inspections, CPO audits and physical damage appraisals.ADESA is a business unit of KAR Auction Services.  Full Article

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BRIEF-KAR Auction Services extends up to $15 mln in credit to Nth Gen Software

* KAR Auction Services Inc - has extended up to $15 million in credit to Nth Gen Software, Inc Source text for Eikon: Further company coverage: