Benzinga | May 4, 2021 04:42PM EDT

KAR Auction Services Q1 EPS $0.45 Beats $0.12 Estimate, Sales $581.60M Beat $558.73M Estimate

KAR Auction Services (NYSE:KAR) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.12 by 275 percent. This is a 400 percent increase over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $581.60 million which beat the analyst consensus estimate of $558.73 million by 4.09 percent. This is a 9.90 percent decrease over sales of $645.50 million the same period last year.