A Preview Of Openlane's Earnings
Portfolio Pulse from Benzinga Insights
Openlane (NYSE:KAR) is scheduled to release its quarterly earnings report on February 20, 2024, with analysts estimating an EPS of $0.13. The company's past performance shows a pattern of beating EPS estimates, which has positively impacted its share price. Shares are currently trading at $14.52, reflecting a 0.99% increase over the last 52 weeks. Investors are looking forward to not only the earnings results but also the company's guidance for future growth.
February 19, 2024 | 6:01 pm
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Openlane is expected to report an EPS of $0.13 for the upcoming quarter, with a history of beating estimates and positively influencing its stock price. Currently trading at $14.52, the stock has seen a 0.99% increase over the last year.
Given Openlane's history of beating EPS estimates and the subsequent positive impact on its stock price, it's likely that a similar outcome could occur if the company beats the EPS estimate again. The anticipation of positive guidance for future growth could further bolster investor confidence and drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100