The third quarter financial results of OPENLANE (NYSE: KAR) will be revealed on Wednesday 6th November 2024. This eagerly awaited announcement is slated to occur after market close, enabling investors and market participants to gain valuable insights into the company's financial performance.
Financial analysts on Wall Street are anticipating that the establishment will announce an estimated $0.22 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $432.76 million for this period.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $1.69 billion. Furthermore, they are predicting profit of $0.79 per share for the full year.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $0.18. This was credited to the company's total revenue, which reached an impressive $416.3 million in that particular timeframe.
KAR has scheduled a conference call on 6th November 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
OPENLANE (KAR) closed Friday's regular trading session at $15.90, reflecting a 0.63 percent increase, with a volume of 397.20 thousand shares.
