STOCK TITAN

KAR Auction Services, Inc. to Announce First Quarter 2021 Earnings

KAR Auction Services, Inc. (NYSE: KAR) is set to release its first quarter 2021 financial results after market close on May 4, 2021.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Tags

Rhea-AI Summary

KAR Auction Services, Inc. (NYSE: KAR) is set to release its first quarter 2021 financial results after market close on May 4, 2021. An earnings conference call will follow on May 5, 2021, at 8:30 a.m. Eastern, featuring key executives including Jim Hallett and Peter Kelly. Investors can access the call via phone or through a live webcast on the company's website, which will also host an archive of the webcast post-call. KAR Global provides technology-driven services in the global wholesale used vehicle industry, facilitating the sale of approximately $30 billion worth of vehicles in 2020.

Loading...
Loading translation...
Argus Session date unavailable
-2.50% session move Open Argus
Details

News Market Reaction – KAR

The recorded move for KAR in the trading session of this news was -2.50%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

CARMEL, Ind., April 21, 2021 /PRNewswire/ -- KAR Auction Services, Inc. (NYSE: KAR) will release its first quarter 2021 financial results after the market closes on Tuesday, May 4, 2021.

KAR will also be hosting an earnings conference call and webcast on Wednesday, May 5, 2021 at 8:30 a.m. Eastern.  The call will be hosted by KAR's Executive Chairman, Jim Hallett, Chief Executive Officer, Peter Kelly and Executive Vice President and Chief Financial Officer, Eric Loughmiller. The conference call may be accessed by calling 1-844-778-4145 and entering participant passcode 8388224, while the live web cast will be available at the investor relations section of karglobal.com.

The archive of the webcast will also be available following the call and will be available at the investor relations section of karglobal.com for a limited time.

KAR Contacts


Media Inquiries:

Analyst Inquiries:

Tobin Richer

Mike Eliason

(317) 249-4521

(317) 249-4559

tobin.richer@karglobal.com

mike.eliason@karglobal.com

About KAR

KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. KAR Global's unique end-to-end platform supports whole car, financing, logistics and other ancillary and related services, including the sale of nearly 3.1 million units valued at approximately $30 billion through our auctions in 2020. Our integrated physical, online and mobile marketplaces reduce risk, improve transparency and streamline transactions for customers in about 75 countries. Headquartered in Carmel, Indiana, KAR Global has employees across the United States, Canada, Mexico, Uruguay, U.K. and Europe. For more information and the latest KAR Global news, go to www.karglobal.com and follow us on Twitter @KARspeaks.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/kar-auction-services-inc-to-announce-first-quarter-2021-earnings-301274262.html

SOURCE KAR Auction Services

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will KAR release its first quarter 2021 financial results?

KAR Auction Services will release its first quarter 2021 financial results on May 4, 2021, after market close.

What time is the KAR earnings conference call?

The earnings conference call will take place on May 5, 2021, at 8:30 a.m. Eastern.

How can I access the KAR earnings conference call?

You can access the KAR earnings conference call by calling 1-844-778-4145 and entering participant passcode 8388224, or via a live webcast on their investor relations website.

What services does KAR Global provide?

KAR Global offers innovative, technology-driven remarketing solutions in the wholesale used vehicle industry, including auctions and various ancillary services.

Keep reading