KAR Auction Services, Inc. to Announce Third Quarter 2020 Earnings

Rhea-AI Summary

KAR Auction Services, Inc. (NYSE: KAR) will release its third quarter 2020 financial results on November 3, 2020, after market close. An earnings conference call will be held on November 4, 2020, at 8:30 a.m. Eastern. The call will be led by CEO Jim Hallett and CFO Eric Loughmiller. Participants can join by calling 1-844-778-4145, passcode 8592422. A replay will be available for two weeks after the call. KAR Global offers technology-driven solutions in the wholesale used vehicle industry, with operations in over 80 countries.

Positive

• KAR provides innovative, technology-driven remarketing solutions.
• Reported the sale of nearly 3.8 million units valued at approximately $40 billion in 2019.
• Presence in more than 80 countries expands market reach.

Negative

• None.

CARMEL, Ind., Oct. 20, 2020 /PRNewswire/ -- KAR Auction Services, Inc. (NYSE:KAR) will release its third quarter 2020 financial results after the market closes on Tuesday, November 3, 2020.

KAR will also be hosting an earnings conference call and webcast on Wednesday, November 4, 2020 at 8:30 a.m. Eastern.  The call will be hosted by KAR's Chief Executive Officer and Chairman of the Board, Jim Hallett and Executive Vice President and Chief Financial Officer, Eric Loughmiller. The conference call may be accessed by calling 1-844-778-4145 and entering participant passcode 8592422, while the live web cast will be available at the investor relations section of karglobal.com.

A replay of the call will be available for two weeks via telephone starting approximately 30 minutes after the completion of the call.  The replay may be accessed by calling 1-855-859-2056 and entering pass code 8592422.  The archive of the webcast will also be available following the call and will be available at the investor relations section of karglobal.com for a limited time.

KAR Contacts
Media Inquiries:	Analyst Inquiries:
Tobin Richer	Mike Eliason
(317) 665-0366	(317) 249-4559
tobin.richer@karglobal.com	mike.eliason@karglobal.com

About KAR

KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. KAR Global's unique end-to-end platform supports whole car, financing, logistics and other ancillary and related services, including the sale of nearly 3.8 million units valued at approximately $40 billion through our auctions in 2019. Our integrated physical, online and mobile marketplaces reduce risk, improve transparency and streamline transactions for customers in more than 80 countries. Headquartered in Carmel, Indiana, KAR Global has employees across the United States, Canada, Mexico, U.K. and Europe. For more information and the latest KAR Global news, go to www.karglobal.com and follow us on Twitter @KARspeaks.

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SOURCE KAR Global

FAQ

When will KAR release its Q3 2020 financial results?

KAR will release its Q3 2020 financial results on November 3, 2020, after market close.

What is the date of KAR's earnings conference call?

KAR's earnings conference call is scheduled for November 4, 2020, at 8:30 a.m. Eastern.

How can I access the KAR earnings conference call?

The KAR earnings conference call can be accessed by dialing 1-844-778-4145 with the participant passcode 8592422.

What services does KAR Global provide?

KAR Global provides technology-driven remarketing solutions in the wholesale used vehicle industry.