Profile
Sector:
Consumer CyclicalIndustry:
Auto & Truck DealershipsCountry:
United StatesIPO:
11 December 2009Website:
http://corporate.openlane.comNext earnings report:
06 November 2024Last dividends:
19 March 2020Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:03:22 GMTDividend
Analysts recommendations
Institutional Ownership
KAR Latest News
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.
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.
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.
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.
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.
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.
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.
"Absolute Sale" Delivers Increased Velocity, Higher Engagement, Better Results CARMEL, Ind. , June 4, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces Absolute Sale, a new sale format that enables sellers to signal they are committed to selling a vehicle to the highest offer that day.
OPENLANE, Inc. (NYSE:KAR) Q1 2024 Earnings Conference Call on May 1, 2024 at 4:30 PM ET featured Company Representatives Mike Eliason, Peter Kelly, and Brad Lakhia, along with several Conference Call Participants including Rajat Gupta, John Murphy, and Gary Prestopino. The Operator opened the call by welcoming everyone to the OPENLANE First Quarter 2024 Earnings Conference Call.
OPENLANE (KAR) reported quarterly earnings of $0.19 per share, falling short of the Zacks Consensus Estimate of $0.21 per share. This is compared to earnings of $0.12 per share in the same quarter last year.
- 1(current)
What type of business is KAR Auction Services?
OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles. Its digital marketplaces include OPENLANE, a mobile-app enabled solutions that allows dealers to sell and source inventory in the United States. This segment also provides value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers. The company serves commercial customers and dealer customers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.
What sector is KAR Auction Services in?
KAR Auction Services is in the Consumer Cyclical sector
What industry is KAR Auction Services in?
KAR Auction Services is in the Auto & Truck Dealerships industry
What country is KAR Auction Services from?
KAR Auction Services is headquartered in United States
When did KAR Auction Services go public?
KAR Auction Services initial public offering (IPO) was on 11 December 2009
What is KAR Auction Services website?
https://corporate.openlane.com
Is KAR Auction Services in the S&P 500?
No, KAR Auction Services is not included in the S&P 500 index
Is KAR Auction Services in the NASDAQ 100?
No, KAR Auction Services is not included in the NASDAQ 100 index
Is KAR Auction Services in the Dow Jones?
No, KAR Auction Services is not included in the Dow Jones index
When was KAR Auction Services the previous earnings report?
No data
When does KAR Auction Services earnings report?
The next expected earnings date for KAR Auction Services is 06 November 2024