| OPENLANE, Inc. (KAR) Q1 2025 Earnings Call Transcript |
OPENLANE, Inc. (NYSE:KAR ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Jared Harnish - IR Peter Kelly - CEO Ryan Miller - VP of Finance, Marketplace Business Conference Call Participants Craig Kennison - Baird Rajat Gupta - JPMorgan Jeff Lick - Stephens Bret Jordan - Jefferies Operator Good day, and welcome to the OPENLANE's First Quarter 2025 Earnings Call. All participants will be in a listen-only mode. |
seekingalpha.com |
2025-05-08 10:00:17 |
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| OPENLANE (KAR) Beats Q1 Earnings and Revenue Estimates |
OPENLANE (KAR) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.19 per share a year ago. |
zacks.com |
2025-05-07 23:20:35 |
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| OPENLANE, Inc. Reports First Quarter 2025 Financial Results |
Marketplace dealer volume growth of 15% YoY Revenue of $460 million, representing 7% YoY growth, driven by 10% YoY Marketplace growth Income from continuing operations of $37 million, representing 99% YoY growth Adjusted EBITDA of $83 million, representing 11% YoY growth Cash flow from operating activities of $123 million, representing 22% YoY growth Authorized new $250 million share repurchase program CARMEL, Ind. , May 7, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its first quarter financial results for the period ended March 31, 2025. |
prnewswire.com |
2025-05-07 20:15:00 |
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| OPENLANE (KAR) Earnings Expected to Grow: Should You Buy? |
OPENLANE (KAR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-30 15:07:47 |
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| OPENLANE Names Brad Herring Chief Financial Officer |
Bolsters Leadership Bench With More Than 30 Years of Financial Management and Investor Relations Expertise CARMEL, Ind. , April 22, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the company has named Brad Herring as EVP and Chief Financial Officer effective May 27, 2025. |
prnewswire.com |
2025-04-22 20:15:00 |
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| KAR or RACE: Which Is the Better Value Stock Right Now? |
Investors interested in Automotive - Original Equipment stocks are likely familiar with OPENLANE (KAR) and Ferrari (RACE). But which of these two stocks offers value investors a better bang for their buck right now? |
zacks.com |
2025-04-22 16:40:44 |
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| OPENLANE to Announce First Quarter 2025 Earnings |
CARMEL, Ind. , April 16, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2025 financial results after the market closes on Wednesday, May 7, 2025. |
prnewswire.com |
2025-04-16 20:15:00 |
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| Will Openlane Appoint A CFO Or Sell Itself, That Is The Question |
Openlane currently has a vacant CFO position. Remaining management was recently awarded new time-based RSUs. Openlane operates in an attractive wholesale auto market which is large, fragmented and ripe for consolidation, particularly given the current tariff situation for new autos. |
seekingalpha.com |
2025-03-18 14:24:01 |
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| OPENLANE, Inc. (KAR) Q4 2024 Earnings Call Transcript |
OPENLANE, Inc. (NYSE:KAR ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Itunu Orelaru - Head-Investor Relations Peter Kelly - Chief Executive Officer Brad Lakhia - Executive Vice President and Chief Financial Officer Conference Call Participants Rajat Gupta - JPMorgan Craig Kennison - Baird John Murphy - Bank of America Bret Jordan - Jefferies Operator Good day and welcome to the OPENLANE Fourth Quarter and Year-End Results 2024 Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2025-02-20 00:32:44 |
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| OPENLANE (KAR) Q4 Earnings Match Estimates |
OPENLANE (KAR) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.16 per share a year ago. |
zacks.com |
2025-02-19 20:31:12 |
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| OPENLANE, Inc. Reports 2024 Financial Results |
CARMEL, Ind. , Feb. 19, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its fourth quarter and annual financial results for the period ended December 31, 2024. |
prnewswire.com |
2025-02-19 18:15:00 |
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| OPENLANE to Announce Fourth Quarter and Full Year 2024 Earnings |
CARMEL, Ind., Jan. 29, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its fourth quarter and full year 2024 financial results after the market closes on Wednesday, Feb. 19, 2025. |
prnewswire.com |
2025-01-29 18:15:00 |
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| 5 Auto Stocks Poised to Continue Their Winning Streaks in 2025 |
TSLA, GM, DORM, KAR and BLBD are poised to maintain strong momentum in 2025, driven by industry optimism, innovation and cost efficiency. |
zacks.com |
2024-12-23 12:16:16 |
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| OPENLANE (KAR) Upgraded to Buy: Here's What You Should Know |
OPENLANE (KAR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). |
zacks.com |
2024-12-18 15:01:23 |
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| OPENLANE (KAR) Now Trades Above Golden Cross: Time to Buy? |
From a technical perspective, OPENLANE, Inc. (KAR) is looking like an interesting pick, as it just reached a key level of support. KAR's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world. |
zacks.com |
2024-11-20 12:55:27 |
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| OPENLANE to Host Virtual Investor Update |
CARMEL, Ind. , Nov. 7, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will host a virtual Investor Update on Tuesday, November 19, 2024, at 10:00 a.m. |
prnewswire.com |
2024-11-07 10:00:00 |
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| OPENLANE, Inc. (KAR) Q3 2024 Earnings Call Transcript |
OPENLANE, Inc. (KAR) Q3 2024 Earnings Call Transcript |
seekingalpha.com |
2024-11-07 01:32:06 |
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| OPENLANE (KAR) Q3 Earnings and Revenues Top Estimates |
OPENLANE (KAR) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.18 per share a year ago. |
zacks.com |
2024-11-06 21:26:25 |
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| OPENLANE, Inc. Reports Third Quarter 2024 Financial Results |
CARMEL, Ind. , Nov. 6, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its third quarter financial results for the period ended September 30, 2024. |
prnewswire.com |
2024-11-06 18:15:00 |
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| OPENLANE to Announce Third Quarter 2024 Earnings |
CARMEL, Ind., Oct. 16, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its third quarter 2024 financial results after the market closes on Wednesday, Nov. 6, 2024. |
prnewswire.com |
2024-10-16 20:15:00 |
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| Virtus Introduces Virtus KAR Mid-Cap ETF |
NEW YORK--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) has expanded its offerings of distinctive, actively managed exchange-traded funds with the introduction of the Virtus KAR Mid-Cap ETF, (NYSE: KMID), the first ETF strategy managed by Kayne Anderson Rudnick (KAR). The Virtus KAR Mid-Cap ETF is an actively managed, concentrated portfolio consisting of 25-35 high-quality mid-cap stocks, selected using KAR's disciplined and rigorous business-analyst approach to fundamental res. |
businesswire.com |
2024-10-16 19:00:00 |
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| OPENLANE Transforms Condition Reports with Actionable OBD2 Intelligence |
New Code Boost IQ Exploits Data Moat to Empower US Dealers with Smarter, Faster Purchase Decisions CARMEL, Ind. , Aug. 15, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the launch of Code Boost IQ, a first-of-its-kind vehicle inspection enhancement that enables faster, better informed decision-making for dealers. |
prnewswire.com |
2024-08-15 12:30:00 |
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| OPENLANE, Inc. (KAR) Q2 2024 Earnings Call Transcript |
OPENLANE, Inc. (NYSE:KAR ) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Itunu Orelaru – Head-Investor Relations Peter Kelly – Chief Executive Officer Brad Lakhia – Executive Vice President and Chief Financial Officer Conference Call Participants Craig Kennison – Baird Bob Labick – CJS Securities Billy Healey – Bank of America Bret Jordan – Jefferies Rajat Gupta – JPMorgan Operator Good day, and welcome to the OPENLANE Second Quarter 2024 Earnings Call. All participants will be in a listen-only mode. |
seekingalpha.com |
2024-08-08 02:26:05 |
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| OPENLANE (KAR) Q2 Earnings Miss Estimates |
OPENLANE (KAR) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.25 per share a year ago. |
zacks.com |
2024-08-07 23:11:08 |
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| OPENLANE, Inc. Reports Second Quarter 2024 Financial Results |
CARMEL, Ind. , Aug. 7, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its second quarter financial results for the period ended June 30, 2024. |
prnewswire.com |
2024-08-07 20:15:00 |
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| OPENLANE Revolutionizes Wholesaling with Faster, Easier Sales for US Dealers |
New Automated Absolute Sale Empowers Dealers to "Set and Forget", Capture Optimal Buyer Demand in Real Time CARMEL, Ind. , Aug. 6, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the launch of Automated Absolute Sale, a new tool that empowers US sellers to set a price threshold at the time of listing that, when achieved, immediately moves the vehicle into Absolute Sale mode. |
prnewswire.com |
2024-08-06 12:15:00 |
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| Earnings Preview: OPENLANE (KAR) Q2 Earnings Expected to Decline |
OPENLANE (KAR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-07-31 15:06:57 |
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| Openlane: Buy On Earnings Turnaround And Market Share Gains |
OPENLANE is a leading used car conglomerate that reported $200 million in losses in 2023 but will likely swing to $100 million in net profit by 2025. OPENLANE's primary source of losses, its marketplace segment, should see margins improve in the coming quarters. OPENLANE will report Q2 earnings on August 2, which will “roll over” a previous $251 million impairment, providing a short-term catalyst for the stock. |
seekingalpha.com |
2024-07-24 12:09:34 |
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| OPENLANE to Announce Second Quarter 2024 Earnings |
CARMEL, Ind. , July 18, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its second quarter 2024 financial results after the market closes on Wednesday, August 7, 2024. |
prnewswire.com |
2024-07-18 20:15:00 |
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| OPENLANE Names Itunu Orelaru Head of Investor Relations |
Promotion Fortifies Leadership Bench with Broad Financial Experience CARMEL, Ind. , July 17, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the promotion of Itunu Orelaru to Head of Investor Relations. |
prnewswire.com |
2024-07-17 12:00:00 |
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| OPENLANE Announces Board Appointment with 20+ Years Founding and Leading Tech Innovators |
New Director Brings C-Suite Track Record Driving Growth and Success CARMEL, Ind. , June 20, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the appointment of Randy Altschuler to its board of directors. |
prnewswire.com |
2024-06-20 20:15:00 |
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| 3 Small-Cap Stocks Ready to Deliver Jumbo-Sized Gains |
On Wall Street, small-cap stocks often present unique opportunities for significant growth. These under-the-radar companies are typically not as well-known or widely covered by analysts as their large-cap counterparts. |
investorplace.com |
2024-06-17 18:47:12 |
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