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Openlane updates FY24 EPS guidance to $0.77-$0.87, higher than consensus estimate, with positive ROE and $391.3M revenue.
OPENLANE (NYSE: KAR) has updated its FY24 earnings guidance to $0.77-$0.87 EPS, slightly higher than the consensus estimate of $0.77.
The company, a digital marketplace for used vehicles, reported a positive return on equity of 7.49% and revenue of $391.30 million in its latest quarter.
Institutional investors own 99.76% of its stock, with an average rating of "Moderate Buy" and a consensus target price of $18.75.
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Openlane actualiza la guía de EPS para el año fiscal 24 a $0,77-$0,87, superior a la estimación de consenso, con un ROE positivo e ingresos de $391,3 millones.