Analysts Anticipate KAR Auction Services Inc (NYSE:KAR) Will Announce Quarterly Sales of $695.64 Million
Wall Street brokerages expect KAR Auction Services Inc (NYSE:KAR) to report sales of $695.64 million for the current quarter, Zacks reports. Five analysts have made estimates for KAR Auction Services’ earnings, with estimates ranging from $674.10 million to $710.28 million. KAR Auction Services reported sales of $933.50 million during the same quarter last year, which indicates a negative year over year growth rate of 25.5%. The firm is scheduled to announce its next quarterly earnings report on Tuesday, November 5th.
According to Zacks, analysts expect that KAR Auction Services will report full year sales of $2.78 billion for the current year, with estimates ranging from $2.73 billion to $2.80 billion. For the next year, analysts anticipate that the business will report sales of $2.92 ...