Openlane Inc expected to post earnings of 21 cents a share - Earnings Preview

OPENLANE

30/04/2024 01:15

* Openlane Inc  KAR.N   KAR  is expected to show a rise in
quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The Carmel Indiana-based  company is expected to report a
0.9% increase in revenue to $424.565 million from $420.6 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Openlane Inc is for
earnings
of 21 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Openlane
Inc is
$18.00​, above​ its last closing price of $17.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.13        0.13       0.16      Beat    23.1
 Sep. 30 2023  0.15        0.15       0.18      Beat    23.5
 Jun. 30 2023  0.13        0.12       0.25      Beat    101.2​
 Mar. 31 2023  0.09        0.09       0.12      Beat    33
 ​​Dec.        0.18        0.18       0.33      Beat    88.6
 31 2022                                                
 Sep. 30 2022  0.13        0.13       0.09      Missed  -31.4​
 Jun. 30 2022  0.09        0.09       0.04      Missed  -53.8
 Jan. 1 0001   0.11        0.13       -0.02     Missed  -115.8
 This summary was machine generated April 30 at 00:15 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)