NYSE$OPLN
OPENLANE Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Revenue, gross profit per vehicle sold, income from continuing operations and Adjusted EBITDA increased for the quarter despite a decrease in volumes.
KAR Auction Services, Inc. reported a 13% increase in total revenue, reaching $393.0 million for the third quarter of 2022. Income from continuing operations was $0.5 million, or $(0.09) per diluted share. Adjusted EBITDA from continuing operations was $69.5 million.
- Total revenue increased by 13% compared to the third quarter of 2021.
- Income from continuing operations was $0.5 million, or $(0.09) per diluted share.
- Adjusted EBITDA from continuing operations was $69.5 million.
- Marketplace revenue, excluding purchased vehicle sales, increased by 14%.
Headline financials
Revenue & EPS history
OPENLANE · Revenue · Quarterly
$393M
Revenue by segment
OPENLANE · $145M total across 2 segments · Q3 2022
- Finance revenue$99.1M—68.4%
- Purchased vehicle sales$45.8M-50.3%31.6%
Forward guidance
Company did not provide forward guidance in the earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
-0.2%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+3.7%
Avg return
30 days after
46%
30 / 65 earnings
Positive
+19.1%
Q3 2024
Best reaction
-17.0%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +10.7% | +18.6% | +14.3% | |
| Q4 2025 | -2.1% | -9.1% | -7.9% | |
| Q3 2025 | -4.0% | -3.9% | +0.3% | |
| Q1 2025 | +13.2% | +16.5% | +23.3% | |
| Q4 2024 | +4.2% | +6.7% | +2.6% | |
| Q3 2024 | +19.1% | +21.9% | +22.9% | |
| Q2 2024 | -2.5% | -1.8% | -2.9% | |
| Q1 2024 | +2.3% | +6.8% | +0.4% | |
| Q4 2023 | +3.0% | +5.6% | +18.9% | |
| Q3 2023 | +5.3% | +7.8% | +10.7% | |
| Q2 2023 | -6.4% | -2.8% | -0.3% | |
| Q1 2023 | +5.8% | +8.3% | +9.6% | |
| Q4 2022 | +5.6% | -2.8% | -14.7% | |
| Q3 2022 | -7.7% | -6.2% | -3.9% | |
| Q2 2022 | -6.2% | -4.5% | -14.4% | |
| Q1 2022 | +4.1% | -8.5% | +14.8% | |
| Q4 2021 | +10.6% | +9.3% | +45.5% | |
| Q3 2021 | -2.0% | -1.7% | +5.1% | |
| Q2 2021 | +9.5% | +12.7% | +6.6% | |
| Q1 2021 | +13.0% | +14.0% | +23.4% | |
| Q4 2020 | -17.0% | -23.0% | -19.8% | |
| Q3 2020 | +6.0% | +6.6% | +17.7% | |
| Q2 2020 | +9.8% | +15.6% | +17.0% | |
| Q1 2020 | -5.1% | -15.4% | +20.0% | |
| Q4 2019 | +3.5% | -1.0% | -43.0% | |
| Q3 2019 | -14.5% | -12.6% | -14.7% | |
| Q2 2019 | -5.5% | -4.4% | +3.0% | |
| Q1 2019 | -3.4% | -1.6% | +6.2% | |
| Q4 2018 | -14.3% | -13.7% | -8.8% | |
| Q3 2018 | -4.3% | -3.3% | -7.3% | |
| Q2 2018 | +2.1% | +3.9% | +7.6% | |
| Q1 2018 | -0.2% | +1.2% | +3.0% | |
| Q4 2017 | -2.3% | -1.2% | +2.6% | |
| Q3 2017 | +1.0% | +3.4% | +7.4% | |
| Q2 2017 | +5.5% | +3.8% | +8.2% | |
| Q1 2017 | -1.6% | -2.1% | +0.5% | |
| Q4 2016 | -3.6% | -4.2% | -6.2% | |
| Q3 2016 | -7.7% | -8.1% | -1.2% | |
| Q2 2016 | -4.2% | -4.9% | -1.5% | |
| Q1 2016 | +7.9% | — | — | |
| Q4 2015 | +0.3% | — | — | |
| Q3 2015 | -2.1% | — | — | |
| Q2 2015 | -0.7% | — | — | |
| Q1 2015 | -2.8% | — | — | |
| Q4 2014 | +3.6% | — | — | |
| Q3 2014 | +7.8% | — | — | |
| Q2 2014 | +2.3% | — | — | |
| Q1 2014 | +0.3% | — | — | |
| Q4 2013 | +2.1% | — | — | |
| Q3 2013 | -2.5% | — | — | |
| Q2 2013 | -3.6% | — | — | |
| Q1 2013 | -0.4% | — | — | |
| Q4 2012 | -3.7% | — | — | |
| Q3 2012 | -3.4% | — | — | |
| Q2 2012 | +5.5% | — | — | |
| Q1 2011 | -5.5% | — | — | |
| Q1 2012 | -3.4% | — | — | |
| Q4 2009 | +1.8% | — | — | |
| Q4 2011 | +1.8% | — | — | |
| Q3 2011 | -4.8% | — | — | |
| Q3 2010 | -4.8% | — | — | |
| Q2 2011 | -12.7% | — | — | |
| Q4 2010 | -12.7% | — | — | |
| Q2 2010 | -1.4% | — | — | |
| Q1 2010 | +1.6% | — | — |
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