Benzinga | Aug 3, 2021 05:15PM EDT

KAR Auction Services Q2 EPS $0.15 Misses $0.19 Estimate, Sales $585.40M Miss $588.80M Estimate

KAR Auction Services (NYSE:KAR) reported quarterly earnings of $0.15 per share which missed the analyst consensus estimate of $0.19 by 21.05 percent. This is a 87.5 percent increase over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $585.40 million which missed the analyst consensus estimate of $588.80 million by 0.58 percent. This is a 39.71 percent increase over sales of $419.00 million the same period last year.