IAA: Q3 Earnings Insights

 

Shares of IAA IAA fell 0.4% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 17.14% over the past year to $0.41, which beat the estimate of $0.32.

Revenue of $338,000,000 declined by 9.94% year over year, which beat the estimate of $327,730,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

IAA hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Nov 02, 2020

Time: 09:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.iaai.com%2F&eventid=2628362&sessionid=1&key=B6B413DF87D7BFE3F3100F5E3B82DB86&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $59.30

Company's 52-week low was at $21.79

Price action over last quarter: Up 21.91%

Company Profile

IAA Inc provides auction solutions for total loss, damaged and low-value vehicles. It facilitates the selling and purchasing of vehicles from a variety of resources, including insurance carriers, used-vehicle dealers, rental car and fleet lease companies, dealerships and more. The Company operates in two reportable segments: United States and International out of which the United States derives majority revenue.

Posted In: EarningsNews

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.