Openlane Inc (KAR) reported earnings per share (EPS) of $0.35 for the third quarter of fiscal 2025, surpassing the consensus estimate of $0.28 by $0.07. Revenue matched expectations at $0.5 billion.
The results reflect the company's performance in the commercial services and supplies industry, which includes providing technology-driven remarketing solutions for the wholesale used vehicle market. Openlane operates a digital marketplace that connects sellers and buyers across North America and Europe, offering comprehensive services that include financing and logistics.
The company will host an earnings conference call at BMO to discuss these results and provide further insights into its operational performance.
Openlane's market capitalization stands at $2,678.9 million, with a trailing twelve-month price-to-earnings ratio of 17.74 and an EPS of 1.39. Looking ahead, analysts estimate EPS of $0.3257 and revenue of $0.5 billion for the upcoming earnings report on August 3, 2026, and EPS of $0.3131 for May 4, 2026.
This update provides insight into Openlane Inc's financial health and operational metrics, highlighting its ability to exceed analyst expectations in a competitive market.