Ultime notizie per Openlane (NYSE:KAR) Azioni

Openlane

Openlane Inc offers a digital marketplace for used vehicles. The services comprise financing, repossessions, repairs, transportation, warranty, and inventory services. It operates used-vehicle auctions and offers complete online services for all parties involved. The company has two operating segments which include Marketplace and Finance, of which it generates the majority of the revenue from the Marketplace segment.

KAR Auction Services

Openlane Inc

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OPENLANE ORD

Barrington Research analyst Gary Prestopino maintains Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) with a Outperform and maintains $25 price target.

News

Price Target

Analyst Ratings

Barrington Research Maintains Outperform on Openlane, Maintains $25 Price Target

Guidance

OPENLANE Sees FY24 EPS $0.77-$0.87

Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) reported quarterly earnings of $0.19 per share which missed the analyst consensus estimate of $0.21 by 9.52 percent. The company reported quarterly sales of $431.800 million which beat the analyst consensus estimate of $429.608 million by 0.51 percent. This is a 3.57 percent increase over sales of $416.900 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Openlane Q2 2024 Adj. EPS $0.19 Misses $0.21 Estimate, Sales $431.800M Beat $429.608M Estimate

Barrington Research analyst Gary Prestopino reiterates Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) with a Outperform and maintains $25 price target.

Reiteration

Barrington Research Reiterates Outperform on Openlane, Maintains $25 Price Target

Baird analyst Craig Kennison maintains Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) with a Outperform and raises the price target from $18 to $20.

Baird Maintains Outperform on Openlane, Raises Price Target to $20

OPENLANE Sees FY24 Adj. EPS $0.77-$0.87 Vs $0.83 Est.

WIIM

OPENLANE shares are trading lower after the company reported worse-than-expected Q1 financial results.

Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) reported quarterly earnings of $0.19 per share which missed the analyst consensus estimate of $0.21 by 9.52 percent. This is a 58.33 percent increase over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $416.300 million which missed the analyst consensus estimate of $424.565 million by 1.95 percent. This is a 1.02 percent decrease over sales of $420.600 million the same period last year.

Openlane Q1 2024 Adj EPS $0.19 Misses $0.21 Estimate, Sales $416.300M Miss $424.565M Estimate

<h3>Gainers</h3>
<ul>
<li>Enovix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENVX#NASDAQ">ENVX</a>) stock increased by 13.5% to $7.41 during Wednesday's after-market session. The company's market cap stands at $1.2 billion. The company's, Q1 earnings came out today. </li>
<li>C.H. Robinson Worldwide (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHRW#NASDAQ">CHRW</a>) shares rose 11.05% to $80.06. The market value of their outstanding shares is at $9.2 billion. As per the news, the Q1 earnings report came out today. </li>
<li>Graphex Gr (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GRFX#AMEX">GRFX</a>) shares increased by 9.56% to $0.25. The company's market cap stands at $11.3 million. </li>
<li>Upwork (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPWK#NASDAQ">UPWK</a>) stock rose 5.76% to $12.65. The company's market cap stands at $1.6 billion. As per the news, the Q1 earnings report came out today. </li>
<li>Hydrofarm Holdings Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYFM#NASDAQ">HYFM</a>) shares rose 4.99% to $0.94. The market value of their outstanding shares is at $43.0 million. </li>
<li>Solidion Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STI#NASDAQ">STI</a>) stock moved upwards by 4.16% to $2.25. The company's market cap stands at $195.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) stock declined by 14.8% to $14.86 during Wednesday's after-market session. The market value of their outstanding shares is at $1.6 billion. The company's, Q1 earnings came out today. </li>
<li>Getaround (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GETR#NYSE">GETR</a>) shares declined by 10.22% to $0.21. The market value of their outstanding shares is at $19.6 million. </li>
<li>Paycom Software (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAYC#NYSE">PAYC</a>) stock decreased by 9.26% to $169.0. The company's market cap stands at $9.8 billion. The company's, Q1 earnings came out today. </li>
<li>Conduent (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNDT#NASDAQ">CNDT</a>) shares decreased by 6.88% to $3.25. The company's market cap stands at $678.0 million. As per the news, the Q1 earnings report came out today. </li>
<li>Dun &amp; Bradstreet Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNB#NYSE">DNB</a>) stock decreased by 6.72% to $8.61. The market value of their outstanding shares is at $3.8 billion. </li>
<li>Professional Diversity (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPDN#NASDAQ">IPDN</a>) stock fell 5.15% to $1.66. The market value of their outstanding shares is at $19.0 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Wednesday's After-Market Session

B of A Securities analyst John Murphy upgrades Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) from Underperform to Neutral and raises the price target from $16 to $20.

Upgrades

B of A Securities Upgrades Openlane to Neutral, Raises Price Target to $20

OPENLANE Expects 2024 Operating EPS From Cont. Ops. Of $0.77-$0.87, Est $0.77

Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
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.
<h3>Past Earnings Performance</h3>
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:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.15</td>
<td>0.12</td>
<td>0.09</td>
<td>0.17</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.18</td>
<td>0.25</td>
<td>0.12</td>
<td>0.33</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>409.14M</td>
<td>418.82M</td>
<td>393.10M</td>
<td>379.27M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>416.30M</td>
<td>416.90M</td>
<td>420.60M</td>
<td>372.80M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Openlane <a href="https://www.benzinga.com/quote/KAR/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Recap: Openlane Q4 Earnings

Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.13 by 23.08 percent. The company reported quarterly sales of $391.30 million which missed the analyst consensus estimate of $393.07 million by 0.45 percent. This is a 4.96 percent increase over sales of $372.80 million the same period last year.

Openlane Q4 2023 Adj EPS $0.16 Beats $0.13 Estimate, Sales $391.30M Miss $393.07M Estimate

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Earnings Scheduled For February 20, 2024

Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-02-20. Here's what investors need to know before the announcement.
Analysts estimate that Openlane will report an earnings per share (EPS) of $0.13. 
Openlane bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat 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 and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.15</td>
<td>0.12</td>
<td>0.09</td>
<td>0.17</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.18</td>
<td>0.25</td>
<td>0.12</td>
<td>0.33</td>
</tr>
<tr>
<td>Price Change %</td>
<td>4.35%</td>
<td>-5.11%</td>
<td>8.22%</td>
<td>8.85%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1708365691_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Openlane were trading at $14.52 as of February 15. Over the last 52-week period, shares are up 0.99%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<a href="https://www.benzinga.com/quote/KAR/earnings">To track all earnings releases for Openlane visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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OPENLANE, Inc. (KAR) Q2 2024 Earnings Call Transcript

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Press Releases

OPENLANE, Inc. Reports First Quarter 2024 Financial Results

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