KAR Auction Services, Inc. to Announce Second Quarter 2020 Earnings
KAR Auction Services, Inc. (NYSE: KAR) is set to announce its second quarter 2020 financial results on August 5, 2020, before the market opens.
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.
Rhea-AI Summary
KAR Auction Services, Inc. (NYSE: KAR) is set to announce its second quarter 2020 financial results on August 5, 2020, before the market opens. An earnings conference call, featuring CEO Jim Hallett and CFO Eric Loughmiller, will take place on the same day at 8:30 a.m. Eastern. Interested parties can access the call by dialing 1-844-778-4145 and using the passcode 1267834. A replay will be available for two weeks post-call. In 2019, KAR sold nearly 3.8 million units worth approximately $40 billion through its innovative remarketing solutions.
Positive
- KAR sold nearly 3.8 million units valued at approximately $40 billion in 2019.
Negative
- None.
Details
News Market Reaction – KAR
The recorded move for KAR in the trading session of this news was -0.35%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CARMEL, Ind., July 22, 2020 /PRNewswire/ -- KAR Auction Services, Inc. (NYSE:KAR) will release its second quarter 2020 financial results before the market opens on Wednesday, August 5, 2020.
!["KAR]("https://mma.prnewswire.com/media/1003099/KAR_Global_Logo.jpg" "\"KAR"){kind=logo}
KAR will also be hosting an earnings conference call and webcast on Wednesday, August 5, 2020 at 8:30 a.m. Eastern. The call will be hosted by KAR's Chief Executive Officer and Chairman of the Board, Jim Hallett 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 1267834, while the live web cast will be available at the investor relations section of karglobal.com.
A replay of the call will be available for two weeks via telephone starting approximately 30 minutes after the completion of the call. The replay may be accessed by calling 1-855-859-2056 and entering pass code 1267834. 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) 665-0366 | (317) 249-4559 |
tobin.richer@karglobal.com | mike.eliason@karglobal.com |
About KAR
KAR Auction Services Inc. (NYSE: KAR), known as KAR Global, 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 3.8 million units valued at approximately
!["Cision"]("https://c212.net/c/img/favicon.png?sn=CG70630&sd=2020-07-22" "\"Cision\"")
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SOURCE KAR Auction Services, Inc.
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