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OPENLANE (KAR)
NYSE:KAR
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.22Last Year’s EPS
0.19Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 16.28%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Positive
The earnings call conveyed a positive outlook for OPENLANE, highlighting strong performance and growth in the marketplace and finance segments, alongside strategic initiatives and robust cash flow. While there are challenges such as a decline in commercial vehicle volumes and potential tariff impacts, the company appears well-positioned to navigate these issues.Company Guidance
During the first quarter of 2025, OPENLANE reported a 7% increase in consolidated revenue, reaching $460 million, and achieved $83 million in adjusted EBITDA. The company generated $123 million in cash flow from operations. In its Marketplace segment, dealer-to-dealer volumes rose by 15% year-over-year, marking the second consecutive quarter of double-digit growth, despite a 14% decline in commercial vehicle volumes. This growth contributed to a 10% increase in marketplace revenue and a 14% rise in auction fee revenue. In the Finance segment, total loan transaction units increased, with a loan-loss rate held at 1.5%, the lowest since Q4 of 2022, leading to a 15% increase in adjusted EBITDA from the previous year. Amidst broader market uncertainties, including tariffs, OPENLANE maintained its 2025 adjusted EBITDA guidance of $290 million to $310 million and announced a new $250 million share repurchase authorization extending through 2026.Record Performance in Marketplace Business
OPENLANE delivered a strong start to 2025, with record performance particularly within the marketplace business. Consolidated revenue grew by 7%, and adjusted EBITDA reached $83 million.
Dealer-to-Dealer Volume Growth
Dealer-to-dealer volumes increased by 15% year-over-year, marking the second straight quarter of double-digit growth, contributing to solid growth in auction fee revenue and adjusted EBITDA.
Finance Segment Achievements
The Finance segment grew total loan transaction units, held the loan-loss rate to 1.5%, and increased adjusted EBITDA by 15% over the prior year.
Share Repurchase Authorization
The OPENLANE Board of Directors replaced the prior $100 million share repurchase authorization with a new larger $250 million authorization extending through 2026.
Strong Cash Flow from Operations
OPENLANE generated $123 million in cash flow from operations during the first quarter of 2025.
Technology and Customer Experience Enhancements
The launch of the One App in the US achieved its intended goals, and Canadian OPENLANE Pro subscription programs gained momentum. NPS scores improved across all geographies.
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KAR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KAR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $19.17 | $21.77 | +13.56% |
Feb 19, 2025 | $20.07 | $20.91 | +4.19% |
Nov 06, 2024 | $17.48 | $19.56 | +11.90% |
Aug 07, 2024 | $16.72 | $16.55 | -1.02% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does OPENLANE (KAR) report earnings?
OPENLANE (KAR) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is OPENLANE (KAR) earnings time?
OPENLANE (KAR) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KAR EPS forecast?
KAR EPS forecast for the fiscal quarter 2025 (Q2) is 0.22.
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