KAR Auction Services, Inc (KAR) News
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KAR News Highlights
- KAR's 30 day story count now stands at 2.
- Over the past 10 days, the trend for KAR's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
Latest KAR News From Around the Web
Below are the latest news stories about OPENLANE INC that investors may wish to consider to help them evaluate KAR as an investment opportunity.
OPENLANE Announces Planned Retirement of AFC President Jim MoneyOPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the upcoming retirement of AFC President Jim Money effective April 1, 2024. Money assumed his current role in 2016 and leaves a legacy of nearly 25 years of purpose-driven leadership, growth and innovation at AFC. The company has initiated a national search for Money's successor. |
OPENLANE to Acquire Manheim CanadaOPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, has signed a definitive agreement to acquire the Manheim Canada business ("Manheim Canada") from Cox Automotive, subject to certain customary closing conditions. The proposed acquisition advances OPENLANE's digital strategy by adding Manheim Canada inventory, buyers, sellers and corresponding data to the OPENLANE Canada digital marketplace launched earlier this year. Valued at $130 million CAD or |
OPENLANE Announces Participation in Upcoming Investor ConferenceOPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will participate in the Barclays Global Automotive and Mobility Tech Conference on Wednesday, November 29, 2023 at 9:20am ET. Participating in the conference will be OPENLANE's Chief Financial Officer Brad Lakhia and Treasurer and Vice President Investor Relations Mike Eliason. |
OPENLANE Launches US Marketplace Combining BacklotCars and Exclusive Off-Lease InventoryOPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the launch of the all-new OPENLANE US digital marketplace. The consolidated platform brings together off-lease inventory from the majority of US commercial sellers with dealer-to-dealer inventory from thousands of franchise and independent dealers previously available on BacklotCars. The launch of OPENLANE in the US follows the company's successful consolidation of its Canadian platforms |
Wall Street Analysts Predict a 27.6% Upside in OPENLANE (KAR): Here's What You Should KnowThe consensus price target hints at a 27.6% upside potential for OPENLANE (KAR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term. |
OPENLANE Announces Participation in Upcoming Investor ConferencesOPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces participation in the following conferences: |
KAR Auction Services, Inc. (NYSE:KAR) Q3 2023 Earnings Call TranscriptKAR Auction Services, Inc. (NYSE:KAR) Q3 2023 Earnings Call Transcript November 1, 2023 Operator: Good day, and welcome to the OPENLANE Third Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note today’s event is being recorded. I would now like to turn the conference over to Michael Eliason, Vice President of Investor Relations. Please go […] |
Openlane Inc (KAR) Reports 6% YoY Revenue Increase in Q3 2023Company's financial results show improved performance for the third consecutive quarter |
OPENLANE, Inc. Reports Third Quarter 2023 Financial ResultsOPENLANE, Inc. (NYSE: KAR), today reported its third quarter financial results for the period ended September 30, 2023. |
Why OPENLANE (KAR) Could Beat Earnings Estimates AgainOPENLANE (KAR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. |