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

OPENLANE

06/08/2024 03:25

* Openlane Inc  KAR.N   KAR  is expected to show a rise in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The Carmel Indiana-based  company is expected to report a
3.0% increase in revenue to $429.608 million from $416.9 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 average consensus recommendation for the auto
vehicles,
parts & service retailers peer group is also "Buy".​

This summary was machine generated August 6 at 02:24 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)