Benzinga | Nov 2, 2021 05:45PM EDT

KAR Auction Services Q3 Adj. EPS $0.08 Misses $0.10 Estimate, Sales $535.20M Beat $521.67M Estimate

KAR Auction Services (NYSE:KAR) reported quarterly earnings of $0.08 per share which missed the analyst consensus estimate of $0.10 by 20 percent. This is a 82.22 percent decrease over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $535.20 million which beat the analyst consensus estimate of $521.67 million by 2.59 percent. This is a 9.84 percent decrease over sales of $593.60 million the same period last year.