Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News  >  Business Leaders  >  All news

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 
HomeAll newsMost read newsBusiness Leaders Biography 
Birthday : 08/30/1930
Place of birth : Omaha (Omaha) - USA
Biography : Mr. Warren E. Buffett is Chairman & Chief Executive Officer at Berkshire Hathaway Assurance Corp., C
The feature you requested does not exist. However, we suggest the following feature:

KAR Auction Services : beats Street 2Q forecasts

08/03/2015 | 07:22pm US/Eastern

CARMEL, Ind. (AP) _ KAR Auction Services Inc. (KAR) on Monday reported second-quarter earnings of $59.5 million.

The Carmel, Indiana-based company said it had profit of 41 cents per share. Earnings, adjusted for amortization costs, were 46 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share.

The used and salvaged vehicle auctioneer posted revenue of $658.3 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $626.3 million.

KAR Auction Services expects full-year earnings in the range of $1.62 to $1.77 per share.

KAR Auction Services shares have increased 13 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $39.08, a climb of 35 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KAR at http://www.zacks.com/ap/KAR

Keywords: KAR Auction Services, Earnings Report

Automated Insights, source Associated Press News

React to this article
Latest news about Warren Buffett 
07/21 WARREN BUFFETT : Buffett says reports that he bought Greek island 'a total fabrication'
07/14 WARREN BUFFETT : Buffett may benefit as train lobby bids to weaken safety rule
07/06 WARREN BUFFETT : Buffett donates record $2.84 billion to Gates, family charities
07/02 WARREN BUFFETT : Heinz completes Kraft purchase, Buffett joins board
06/15 WARREN BUFFETT : Buffett's Berkshire Hathaway takes $388 million stake in Australia's IAG
06/06 WARREN BUFFETT : Lunch with Warren Buffett auctioned for $2.35 million
06/03DJWARREN BUFFETT : Buffett-Backed BYD Co. to Raise up to CNY15 Billion in Share Placement
06/01DJWARREN BUFFETT : Warren Buffett's NetJets Gets a New Captain
05/26 WARREN BUFFETT : Ifr
05/15 WARREN BUFFETT : Buffett's Berkshire adds to favorites IBM, Wells Fargo
05/07 WARREN BUFFETT : Hedge fund manager Loeb takes aim at 'Oracle of Omaha' Buffett
05/05 WARREN BUFFETT : Warren Buffett to auction another charity lunch
05/03DJWARREN BUFFETT : Warren Buffett Gets Heat Over 3G Ties
05/02 WARREN BUFFETT : stock prices would be high if rates were 'normal'
05/02DJWARREN BUFFETT : Berkshire Hathaway Shareholders Pepper Warren Buffett With Some Hard Questions -- Update
1  2  3  4  5  6  7  8  9  10Next

Advertisement
Most Read News 
07/27DJROBIN LI : Investment in Offline Services Hits Baidu Profits
07/28 JACK DORSEY : Twitter CEO Dorsey's criticism of company refreshing, analysts say
07/31DJDANIEL GILBERT : Pain Worsens for Oil Giants Exxon and Chevron
07/29DJDANIEL GILBERT : Chevron and Exxon Get the Plaudits, but Some Smaller Drillers Faring Well
07/31DJLAKSHMI MITTAL : ArcelorMittal Pressured by China and Russia
07/28 JOHN MCFARLANE : Barclays boss McFarlane seen speeding asset sales, cost cuts
07/31DJBRIAN MOYNIHAN : Bank of America Gives Details on Vote About Moynihan's Role
More news

Popular Business Leaders 
Jean-michel Aulas Ernesto Bertarelli Vincent Bolloré Martin Bouygues Richard Branson Warren Buffett Stéphane Courbit Serge Dassault Jean-claude Decaux David Einhorn Larry Ellison Pierre Fabre Bill Gates Carl Icahn Steve Jobs Li Ka-shing Kirk Kerkorian Arnaud Lagardère Maurice Lévy Lakshmi Mittal Rupert Murdoch Nelson Peltz François-henri Pinault Ferdinand Piëch Lee Shau Kee Carlos Slim George Soros Donald Trump Alain Weill Guy Wyser-pratte
A-Z Business Leaders