Preview: Openlane's Earnings
Portfolio Pulse from Benzinga Insights
Openlane (NYSE:KAR) is set to release its quarterly earnings report on November 1, 2023. Analysts estimate an EPS of $0.15. The company's past performance shows a pattern of share price changes following earnings reports. The stock was trading at $13.32 as of October 30, with a 0.35% increase over the last 52-week period.
October 31, 2023 | 7:01 pm
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NEUTRAL IMPACT
Openlane's upcoming earnings report could potentially impact its stock price. The company's past earnings have resulted in significant share price changes. The stock is currently trading at $13.32.
Openlane's earnings reports have historically resulted in significant changes in its stock price. Given that the company is due to release its latest earnings report, there is potential for a similar impact on the stock price. However, the direction of the impact will depend on whether the company meets, exceeds, or falls short of the estimated EPS of $0.15.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100