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KAR Auction Services Inc Lowers FY 2012 Guidance

Tuesday, 6 Nov 2012 04:15pm EST 

KAR Auction Services Inc announced that for fiscal 2012, it expects adjusted EBITDA of $500 million - $510 million, net income per share of $0.63 - $0.68 and adjusted net income per share of $1.00 - $1.05. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $512 million and EPS of $1.08 for fiscal 2012. 

Company Quote

-0.45 -1.48%
2:53pm EDT