KAR Stock Recent News

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.

"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.

CARMEL, Ind. , May 9, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will participate in the J.P.

OPENLANE, Inc. (NYSE:KAR ) Q1 2024 Earnings Conference Call May 1, 2024 4:30 PM ET Company Participants Mike Eliason - Treasurer and Vice President of Investor Relations Peter Kelly - Chief Executive Officer Brad Lakhia - Chief Financial Officer Conference Call Participants Rajat Gupta - JPMorgan Chase & Co. John Murphy - Bank of America Gary Prestopino - Barrington Research Associates, Inc. Craig Kennison - Robert W. Baird & Co. Robert Labick - CJS Securities Bret Jordan - Jefferies Group LLC Operator Good day, and welcome to the OPENLANE First Quarter 2024 Earnings Conference Call.

OPENLANE (KAR) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.12 per share a year ago.

OPENLANE (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.

CARMEL, Ind. , April 16, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024.

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.

Investors interested in Automotive - Original Equipment stocks are likely familiar with OPENLANE (KAR) and Mobileye Global (MBLY). But which of these two stocks presents investors with the better value opportunity right now?

Here is how OPENLANE (KAR) and Xos, Inc. (XOS) have performed compared to their sector so far this year.