Openlane (NYSE:KAR) reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Openlane beat estimated earnings by 23.08%, reporting an EPS of $0.16 versus an estimate of $0.13.
Revenue was up $18.50 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 4.35% increase in the share price the next day.
Here’s a look at Openlane’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.15 | 0.12 | 0.09 | 0.17 |
| EPS Actual | 0.18 | 0.25 | 0.12 | 0.33 |
| Revenue Estimate | 409.14M | 418.82M | 393.10M | 379.27M |
| Revenue Actual | 416.30M | 416.90M | 420.60M | 372.80M |
To track all earnings releases for Openlane visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
