Page 47 - Auction Services News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Price action over last quarter: down 8.91% Company Description KAR Auction Services Inc offers a total package for wholesale-used car transactions, from salvage and used-car auctions to a broad range of financial and logistical support. The services comprise financing, repossessions, repairs, transportation, warranty, and inventory services. Kar has three business units in the United States and Canada: Adesa, Insurance Auto Auctions, and Automotive Finance. Adesa operates used-vehicle auctions and offers complete online services for all parties involved. Insurance Auto Auctions is a salvage-a...

KAR Auction Services: Q1 Earnings Snapshot May 4, 2021 FacebookTwitterEmail CARMEL, Ind. (AP) _ KAR Auction Services Inc. (KAR) on Tuesday reported first-quarter net income of $50.9 million. On a per-share basis, the Carmel, Indiana-based company said it had profit of 25 cents. Earnings, adjusted for non-recurring costs, came to 45 cents per share. The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share. The used and salvaged vehicle auctioneer posted revenue of $581.6 million in the pe...

Share this article Share this article CARMEL, Ind., May 4, 2021 /PRNewswire/ -- KAR Auction Services, Inc. (NYSE: KAR) today reported its first quarter financial results for the period ended March 31, 2021. For the first quarter of 2021, the company reported revenue of $581.6 million as compared with revenue of $645.5 million for the first quarter of 2020, a decrease of 10%. Net income for the first quarter of 2021 increased to $50.9 million, or $0.25 per diluted share, as compared with net income of $2.8 million, or $0.02 per diluted share, in the first quarter of 2020. Adjusted EBITDA for t...

12 Industrials Stocks Moving In Tuesday's After-Market Session   Energy Focus (NASDAQ:EFOI) stock rose 11.91% to $4.79 during Tuesday's after-market session. Trading volume for this security closed at 353.5K, accounting for 58.56% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $19.2 million. Commercial Vehicle Group (NASDAQ:CVGI) shares rose 7.04% to $12.01. This security traded at a volume of 9.3K shares come close, making up 3.51% of its average volume over the last 100 days. The market value of their outstanding shares is at $392....

CARMEL, Ind. (AP) _ KAR Auction Services Inc. (KAR) on Tuesday reported a fourth-quarter...